Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
Based on: 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), 10-K (reporting date: 2017-01-31).
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 increased from 2020 to 2021 but then decreased significantly from 2021 to 2022. |
Enterprise Value to EBITDA Ratio, Current
Selected Financial Data (US$ in millions) | |
Enterprise value (EV) | 372,144 |
Earnings before interest, tax, depreciation and amortization (EBITDA) | 31,348 |
Valuation Ratio | |
EV/EBITDA | 11.87 |
Benchmarks | |
EV/EBITDA, Competitors1 | |
Costco Wholesale Corp. | 23.69 |
EV/EBITDA, Sector | |
Food & Staples Retailing | 13.54 |
EV/EBITDA, Industry | |
Consumer Staples | 15.76 |
Based on: 10-K (reporting date: 2022-01-31).
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, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | Jan 31, 2018 | Jan 31, 2017 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||||
Enterprise value (EV)1 | 436,928 | 408,857 | 374,682 | 336,181 | 305,207 | 260,427 | |
Earnings before interest, tax, depreciation and amortization (EBITDA)2 | 31,348 | 34,031 | 33,702 | 24,484 | 27,982 | 32,944 | |
Valuation Ratio | |||||||
EV/EBITDA3 | 13.94 | 12.01 | 11.12 | 13.73 | 10.91 | 7.91 | |
Benchmarks | |||||||
EV/EBITDA, Competitors4 | |||||||
Costco Wholesale Corp. | — | 22.64 | 21.69 | 20.13 | 15.84 | 12.70 | |
EV/EBITDA, Sector | |||||||
Food & Staples Retailing | — | 14.16 | 12.97 | 15.06 | 11.78 | 8.60 | |
EV/EBITDA, Industry | |||||||
Consumer Staples | — | 16.34 | 15.13 | 19.30 | 13.58 | 13.11 |
Based on: 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), 10-K (reporting date: 2017-01-31).
3 2022 Calculation
EV/EBITDA = EV ÷ EBITDA
= 436,928 ÷ 31,348 = 13.94
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 2020 to 2021 and from 2021 to 2022. |