Switch to:
Medtronic PLC (NYSE:MDT)
EV/EBITDA
27.68 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Medtronic PLC's enterprise value is $155,742 Mil. Medtronic PLC's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Oct. 2015 was $5,626 Mil. Therefore, Medtronic PLC's EV/EBITDA ratio for today is 27.68.

MDT' s EV/EBITDA Range Over the Past 10 Years
Min: 9.8   Max: 30
Current: 27.21

9.8
30

During the past 13 years, the highest EV/EBITDA Ratio of Medtronic PLC was 30.00. The lowest was 9.80. And the median was 15.60.

MDT's EV/EBITDA is ranked lower than
64% of the 286 Companies
in the Global Medical Devices industry.

( Industry Median: 16.67 vs. MDT: 27.21 )

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

As of today, Medtronic PLC's stock price is $74.46. Medtronic PLC's earnings per share for the trailing twelve months (TTM) ended in Oct. 2015 was $1.91. Therefore, Medtronic PLC's P/E Ratio for today is 39.00.

The "classic" EV/EBITDA ratio is much better in capturing debt and net cash than the P/E Ratio.


Definition

Medtronic PLC's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=155742.342/5626
=27.68

Medtronic PLC's current Enterprise Value is $155,742 Mil.
Medtronic PLC's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Oct. 2015 was 1576 (Jan. 2015 ) + 0 (Apr. 2015 ) + 1947 (Jul. 2015 ) + 2103 (Oct. 2015 ) = $5,626 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

Medtronic PLC's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=74.46/1.909
=39.00

Medtronic PLC's share price for today is $74.46.
Medtronic PLC's Earnings Per Share for the trailing twelve months (TTM) ended in Oct. 2015 was 0.98 (Jan. 2015 ) + -0.001 (Apr. 2015 ) + 0.57 (Jul. 2015 ) + 0.36 (Oct. 2015 ) = $1.91.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Study has found that the companies with the lowest EV/EBITDA outperforms companies measured as cheap by other ratios such as P/E Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Related Terms

Enterprise Value, Earnings Before Depreciation and Amortization, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Medtronic PLC Annual Data

Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15
ev2ebitda 22.8219.5024.1312.6614.9414.0310.2311.7813.6528.53

Medtronic PLC Quarterly Data

Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15
ev2ebitda 13.6313.1313.3413.6514.7816.6623.1528.5326.5321.88
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK