Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
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 |
---|---|---|
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. | ON Semiconductor Corp. EBITDA increased from 2020 to 2021 and from 2021 to 2022. |
Enterprise Value to EBITDA Ratio, Current
Selected Financial Data (US$ in thousands) | |
Enterprise value (EV) | 39,194,435) |
Earnings before interest, tax, depreciation and amortization (EBITDA) | 3,008,900) |
Valuation Ratio | |
EV/EBITDA | 13.03 |
Benchmarks | |
EV/EBITDA, Competitors1 | |
Advanced Micro Devices Inc. | 35.08 |
Analog Devices Inc. | 17.18 |
Applied Materials Inc. | 14.18 |
Broadcom Inc. | 18.74 |
First Solar Inc. | 62.48 |
Intel Corp. | 6.96 |
KLA Corp. | 17.19 |
Lam Research Corp. | 14.69 |
Micron Technology Inc. | 4.09 |
NVIDIA Corp. | 158.49 |
Qualcomm Inc. | 8.04 |
Texas Instruments Inc. | 13.90 |
EV/EBITDA, Sector | |
Semiconductors & Semiconductor Equipment | 18.74 |
EV/EBITDA, Industry | |
Information Technology | 21.76 |
Based on: 10-K (reporting date: 2022-12-31).
1 Click competitor name to see calculations.
If the company EV/EBITDA is lower then the EV/EBITDA of benchmark then company is relatively undervalued.
Otherwise, if the company EV/EBITDA is higher then the EV/EBITDA of benchmark then company is relatively overvalued.
Enterprise Value to EBITDA Ratio, Historical
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | ||
---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | ||||||
Enterprise value (EV)1 | 35,060,420) | 27,134,222) | 19,667,423) | 11,331,972) | 10,974,357) | |
Earnings before interest, tax, depreciation and amortization (EBITDA)2 | 3,008,900) | 1,884,900) | 970,100) | 1,018,000) | 1,391,900) | |
Valuation Ratio | ||||||
EV/EBITDA3 | 11.65 | 14.40 | 20.27 | 11.13 | 7.88 | |
Benchmarks | ||||||
EV/EBITDA, Competitors4 | ||||||
Advanced Micro Devices Inc. | 22.63 | 34.19 | 62.10 | 82.59 | 37.59 | |
Analog Devices Inc. | 16.23 | 38.55 | 23.61 | 18.67 | 14.37 | |
Applied Materials Inc. | 11.04 | 17.54 | 16.82 | 14.60 | 6.24 | |
Broadcom Inc. | 13.54 | 19.72 | 18.89 | 16.32 | 12.21 | |
First Solar Inc. | 53.82 | 7.64 | 12.99 | 32.49 | 11.68 | |
Intel Corp. | 6.20 | 6.02 | 6.40 | 8.73 | 7.11 | |
KLA Corp. | 14.97 | 19.26 | 18.10 | 14.14 | 10.91 | |
Lam Research Corp. | 11.34 | 16.67 | 17.76 | 10.07 | 7.08 | |
Micron Technology Inc. | 3.26 | 6.05 | 6.46 | 3.90 | 2.41 | |
NVIDIA Corp. | 57.59 | 58.96 | 52.90 | 21.10 | 40.89 | |
Qualcomm Inc. | 7.84 | 12.76 | 19.49 | 10.55 | 28.47 | |
Texas Instruments Inc. | 14.69 | 15.54 | 21.75 | 17.73 | 13.08 | |
EV/EBITDA, Sector | ||||||
Semiconductors & Semiconductor Equipment | 14.53 | 15.44 | 14.75 | 11.59 | 9.55 | |
EV/EBITDA, Industry | ||||||
Information Technology | 18.23 | 20.27 | 19.52 | 14.39 | 12.35 |
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).
3 2022 Calculation
EV/EBITDA = EV ÷ EBITDA
= 35,060,420 ÷ 3,008,900 = 11.65
4 Click competitor name to see calculations.
Valuation ratio | Description | The company |
---|---|---|
EV/EBITDA | Enterprise value to earnings before interest, tax, depreciation and amortization is a valuation indicator for the overall company rather than common stock. | ON Semiconductor Corp. EV/EBITDA ratio decreased from 2020 to 2021 and from 2021 to 2022. |