Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
Based on: 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31).
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. | Walmart Inc. EBITDA decreased from 2021 to 2022 and from 2022 to 2023. |
Enterprise Value to EBITDA Ratio, Current
Selected Financial Data (US$ in millions) | |
Enterprise value (EV) | 449,208) |
Earnings before interest, tax, depreciation and amortization (EBITDA) | 30,089) |
Valuation Ratio | |
EV/EBITDA | 14.93 |
Benchmarks | |
EV/EBITDA, Competitors1 | |
Costco Wholesale Corp. | 24.53 |
Target Corp. | 11.57 |
EV/EBITDA, Sector | |
Consumer Staples Distribution & Retail | 14.67 |
EV/EBITDA, Industry | |
Consumer Staples | 16.76 |
Based on: 10-K (reporting date: 2023-01-31).
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
Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | Jan 31, 2018 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Enterprise value (EV)1 | 418,832) | 436,928) | 408,857) | 374,682) | 336,181) | 305,207) | |
Earnings before interest, tax, depreciation and amortization (EBITDA)2 | 30,089) | 31,348) | 34,031) | 33,702) | 24,484) | 27,982) | |
Valuation Ratio | |||||||
EV/EBITDA3 | 13.92 | 13.94 | 12.01 | 11.12 | 13.73 | 10.91 | |
Benchmarks | |||||||
EV/EBITDA, Competitors4 | |||||||
Costco Wholesale Corp. | 22.66 | 21.19 | 22.64 | 21.69 | 20.13 | 15.84 | |
Target Corp. | 13.52 | 9.00 | 10.35 | 8.50 | 7.49 | 6.96 | |
EV/EBITDA, Sector | |||||||
Consumer Staples Distribution & Retail | — | 14.18 | 13.50 | 12.30 | 13.72 | 10.98 | |
EV/EBITDA, Industry | |||||||
Consumer Staples | — | 16.63 | 15.91 | 15.18 | 18.37 | 13.54 |
Based on: 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31).
3 2023 Calculation
EV/EBITDA = EV ÷ EBITDA
= 418,832 ÷ 30,089 = 13.92
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. | Walmart Inc. EV/EBITDA ratio increased from 2021 to 2022 but then slightly decreased from 2022 to 2023. |