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Medtronic PLC (NYSE:MDT)
EV/EBITDA
21.22 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Medtronic PLC's enterprise value is $115,822 Mil. Medtronic PLC's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Apr. 2015 was $5,458 Mil. Therefore, Medtronic PLC's EV/EBITDA ratio for today is 21.22.

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 $69.98. Medtronic PLC's earnings per share for the trailing twelve months (TTM) ended in Apr. 2015 was $2.68. Therefore, Medtronic PLC's P/E Ratio for today is 26.12.

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)
=115822.263/5458
=21.22

Medtronic PLC's current Enterprise Value is $115,822 Mil.
Medtronic PLC's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Apr. 2015 was 1395 (Jul. 2014 ) + 1324 (Oct. 2014 ) + 1576 (Jan. 2015 ) + 1163 (Apr. 2015 ) = $5,458 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)
=69.98/2.679
=26.12

Medtronic PLC's share price for today is $69.98.
Medtronic PLC's Earnings Per Share for the trailing twelve months (TTM) ended in Apr. 2015 was 0.87 (Jul. 2014 ) + 0.83 (Oct. 2014 ) + 0.98 (Jan. 2015 ) + -0.001 (Apr. 2015 ) = $2.68.

* 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 16.0514.6016.0811.6610.4410.927.988.6011.4422.45

Medtronic PLC Quarterly Data

Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15
ev2ebitda 10.988.6010.019.819.8411.4412.3613.8719.5222.45
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