Stock Analysis on Net

Amazon.com Inc. (NASDAQ:AMZN)

$19.99

Enterprise Value to FCFF (EV/FCFF)

Microsoft Excel

Free Cash Flow to The Firm (FCFF)

Amazon.com Inc., FCFF calculation

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Net income (loss)
Net noncash charges
Changes in operating assets and liabilities
Net cash provided by operating activities
Cash paid for interest on debt and finance leases, net of tax1
Purchases of property and equipment
Proceeds from property and equipment sales and incentives
Property and equipment acquired under finance leases, net of remeasurements and modifications
Free cash flow to the firm (FCFF)

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Item Description The company
FCFF Free cash flow to the firm is the cash flow available to the Amazon.com Inc. suppliers of capital after all operating expenses have been paid and necessary investments in working and fixed capital have been made. Amazon.com Inc. FCFF decreased from 2020 to 2021 but then slightly increased from 2021 to 2022.

Interest Paid, Net of Tax

Amazon.com Inc., interest paid, net of tax calculation

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Effective Income Tax Rate (EITR)
EITR1
Interest Paid, Net of Tax
Cash paid for interest on debt and finance leases, before tax
Less: Cash paid for interest on debt and finance leases, tax2
Cash paid for interest on debt and finance leases, net of tax

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 See details »

2 2022 Calculation
Cash paid for interest on debt and finance leases, tax = Cash paid for interest on debt and finance leases × EITR
= × =


Enterprise Value to FCFF Ratio, Current

Amazon.com Inc., current EV/FCFF calculation, comparison to benchmarks

Microsoft Excel
Selected Financial Data (US$ in millions)
Enterprise value (EV)
Free cash flow to the firm (FCFF)
Valuation Ratio
EV/FCFF
Benchmarks
EV/FCFF, Competitors1
Booking Holdings Inc.
Dollar General Corp.
Home Depot Inc.
Lowe’s Cos. Inc.
Target Corp.
EV/FCFF, Sector
Retailing
EV/FCFF, Industry
Consumer Discretionary

Based on: 10-K (reporting date: 2022-12-31).

1 Click competitor name to see calculations.

If the company EV/FCFF is lower then the EV/FCFF of benchmark then company is relatively undervalued.
Otherwise, if the company EV/FCFF is higher then the EV/FCFF of benchmark then company is relatively overvalued.


Enterprise Value to FCFF Ratio, Historical

Amazon.com Inc., historical EV/FCFF calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Enterprise value (EV)1
Free cash flow to the firm (FCFF)2
Valuation Ratio
EV/FCFF3
Benchmarks
EV/FCFF, Competitors4
Booking Holdings Inc.
Dollar General Corp.
Home Depot Inc.
Lowe’s Cos. Inc.
Target Corp.
EV/FCFF, Sector
Retailing
EV/FCFF, Industry
Consumer Discretionary

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 See details »

2 See details »

3 2022 Calculation
EV/FCFF = EV ÷ FCFF
= ÷ =

4 Click competitor name to see calculations.