Stock Analysis on Net

Yahoo! Inc. (NASDAQ:YHOO)

This company has been moved to the archive! The financial data has not been updated since May 9, 2017.

Enterprise Value to EBITDA (EV/EBITDA)

Microsoft Excel

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

Yahoo! Inc., EBITDA calculation

US$ in thousands

Microsoft Excel
12 months ended: Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012
Net income (loss) attributable to Yahoo! Inc. (214,321) (4,359,082) 7,521,731 1,366,281 3,945,479
Add: Net income attributable to noncontrolling interest 4,858 7,975 10,411 10,285 5,123
Add: Income tax expense (126,228) (89,598) 4,038,102 153,392 1,940,043
Earnings before tax (EBT) (335,691) (4,440,705) 11,570,244 1,529,958 5,890,645
Add: Interest expense 73,783 71,865 68,851 14,319 9,297
Earnings before interest and tax (EBIT) (261,908) (4,368,840) 11,639,095 1,544,277 5,899,942
Add: Depreciation 407,341 472,894 475,031 532,485 549,235
Add: Amortization of intangible assets 100,214 136,719 131,537 96,518 105,366
Earnings before interest, tax, depreciation and amortization (EBITDA) 245,647 (3,759,227) 12,245,663 2,173,280 6,554,543

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

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. Yahoo! Inc. EBITDA decreased from 2014 to 2015 but then slightly increased from 2015 to 2016.

Enterprise Value to EBITDA Ratio, Current

Yahoo! Inc., current EV/EBITDA calculation, comparison to benchmarks

Microsoft Excel
Selected Financial Data (US$ in thousands)
Enterprise value (EV) 41,958,614
Earnings before interest, tax, depreciation and amortization (EBITDA) 245,647
Valuation Ratio
EV/EBITDA 170.81
Benchmarks
EV/EBITDA, Competitors1
Accenture PLC 17.99
Adobe Inc. 26.69
International Business Machines Corp. 14.24
Intuit Inc. 42.74
Microsoft Corp. 28.12
Oracle Corp. 21.14
Palo Alto Networks Inc. 103.27
Salesforce Inc. 28.37
ServiceNow Inc. 91.93
Synopsys Inc. 50.13

Based on: 10-K (reporting date: 2016-12-31).

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

Yahoo! Inc., historical EV/EBITDA calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012
Selected Financial Data (US$ in thousands)
Enterprise value (EV)1 38,765,313 25,544,484 34,717,286 36,835,581 20,060,871
Earnings before interest, tax, depreciation and amortization (EBITDA)2 245,647 (3,759,227) 12,245,663 2,173,280 6,554,543
Valuation Ratio
EV/EBITDA3 157.81 2.84 16.95 3.06
Benchmarks
EV/EBITDA, Competitors4
Accenture PLC
Adobe Inc.
International Business Machines Corp.
Intuit Inc.
Microsoft Corp.
Oracle Corp.
Palo Alto Networks Inc.
Salesforce Inc.
ServiceNow Inc.
Synopsys Inc.

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

1 See details »

2 See details »

3 2016 Calculation
EV/EBITDA = EV ÷ EBITDA
= 38,765,313 ÷ 245,647 = 157.81

4 Click competitor name to see calculations.