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Medtronic PLC (NYSE:MDT)
EV-to-EBITDA
15.50 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Medtronic PLC's enterprise value is $131,677 Mil. Medtronic PLC's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Jan. 2017 was $8,493 Mil. Therefore, Medtronic PLC's EV/EBITDA ratio for today is 15.50.

MDT' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.4   Max: 21.7
Current: 15.5

7.4
21.7

During the past 13 years, the highest EV/EBITDA Ratio of Medtronic PLC was 21.70. The lowest was 7.40. And the median was 13.30.

MDT's EV-to-EBITDA is ranked higher than
52% of the 238 Companies
in the Global Medical Devices industry.

( Industry Median: 16.71 vs. MDT: 15.50 )

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 $81.00. Medtronic PLC's earnings per share for the trailing twelve months (TTM) ended in Jan. 2017 was $2.83. Therefore, Medtronic PLC's P/E Ratio for today is 28.62.

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)
=131676.684/8493
=15.50

Medtronic PLC's current Enterprise Value is $131,677 Mil.
Medtronic PLC's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jan. 2017 was 2323 (Apr. 2016 ) + 1997 (Jul. 2016 ) + 2208 (Oct. 2016 ) + 1965 (Jan. 2017 ) = $8,493 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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)
=81.00/2.83
=28.62

Medtronic PLC's share price for today is $81.00.
Medtronic PLC's Earnings Per Share for the trailing twelve months (TTM) ended in Jan. 2017 was 0.78 (Apr. 2016 ) + 0.66 (Jul. 2016 ) + 0.8 (Oct. 2016 ) + 0.59 (Jan. 2017 ) = $2.83.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Medtronic PLC Annual Data

Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16
ev2ebitda 14.6016.0811.6610.4410.927.688.6111.4422.4615.14

Medtronic PLC Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
ev2ebitda 13.8719.5222.4621.3718.1416.9215.1416.4615.5814.70
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