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Siemens AG (SI) | Enterprise Value to EBITDA (EV/EBITDA)

Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)

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Siemens AG, EBITDA calculation

USD $ in millions, translated from EUR €

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  12 months ended Sep 30, 2011 Sep 30, 2010 Sep 30, 2009 Sep 30, 2008 Sep 30, 2007 Sep 30, 2006
chart Net income attributable to shareholders of Siemens AG
chart Add: Net income attributable to non-controlling interests
chart Add: Interest expense
chart Add: Income tax expense (benefit)
chart Earnings before interest and tax (EBIT)
chart Add: Amortization, depreciation and impairments
chart Earnings before interest, tax, depreciation and amortization (EBITDA)
Item Description The company
EBITDA To calculate EBITDA analysts start with net earnings. To that earnings number, interest, taxes, depreciation, and amortization are added. EBITDA as a pre-interest number is a flow to all providers of capital. Siemens AG's EBITDA increased from 2009 to 2010 and from 2010 to 2011.

EV to EBITDA Ratio, Current

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Siemens AG, current EV/EBITDA

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  Siemens AG Industrials
Selected Financial Data (USD $ in millions)
Enterprise value (EV)  
Earnings before interest, tax, depreciation and amortization (EBITDA)  
Ratio
EV/EBITDA

If company EV/EBITDA is lower then the EV/EBITDA of benchmark then company is relatively undervalued.

Otherwise, if company EV/EBITDA is higher then the EV/EBITDA of benchmark then company is relatively overvalued.

EV to EBITDA Ratio, Historical

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Siemens AG, EV/EBITDA calculation

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    Sep 30, 2011 Sep 30, 2010 Sep 30, 2009 Sep 30, 2008 Sep 30, 2007 Sep 30, 2006
  Selected Financial Data (USD $ in millions, translated from EUR €)
chart Enterprise value (EV)
chart Earnings before interest, tax, depreciation and amortization (EBITDA)
  EV/EBITDA, Comparison to Industry
chart Siemens AG1
  Industry, Industrials

2011 Calculations

1 EV/EBITDA = EV ÷ EBITDA
= ÷ =

Ratio Description The company
EV/EBITDA EV/EBITDA is a valuation indicator for the overall company rather than common stock. Siemens AG's EV/EBITDA ratio declined from 2009 to 2010 and from 2010 to 2011.

May 24, 2012

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