Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. EBITDA Multiple = Enterprise Value / EBITDA. Learn more about how Statista can support your business. The debt/EBITDA ratio of new-issue US leveraged loans has fallen below 5x for the first time in seven years as LBOs, a traditional staple of the broadly syndicated market, remain largely absent. A total of 8,271 companies were included in the calculation for 2022. Then you can access your favorite statistics via the star in the header. Financial Modeling & Valuation Analyst (FMVA), Commercial Banking & Credit Analyst (CBCA), Capital Markets & Securities Analyst (CMSA), Certified Business Intelligence & Data Analyst (BIDA), Financial Planning & Wealth Management (FPWM), Enterprise Value = (market capitalization + value of debt + minority interest + preferred shares) (cash and cash equivalents), EBITDA = Earnings Before Tax + Interest + Depreciation + Amortization. to incorporate the statistic into your presentation at any time. Figures for years 2019 to 2021 were previously published by the source. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, An Overview of the Lincoln Middle Market Index. Frontier Labs is a . As soon as this statistic is updated, you will immediately be notified via e-mail. Sectors seeing YOY declines included Protein, which lagged primarily due to widespread uncertainty in the supply-chain. In, Leonard N. Stern School of Business. Business Solutions including all features. The company has shown solid growth in revenues, net income, EBITDA, and margins over the past decade, especially since the pandemic. EBITDA or Earnings before Interest, Tax, Depreciation, and Amortization is the income derived from operations before non-cash expenses, income taxes, or interest expense. The current EV/EBITDA multiple of 6.2 is below the 10-year average of 9 . You need at least a Starter Account to use this feature. Enterprise Value Multiples by Sector (US) Data Used: Multiple data services. Note: The ratio is not available for the Financials sector as EBITDA is not a meaningful item for financial companies. As soon as this statistic is updated, you will immediately be notified via e-mail. Get Certified for Financial Modeling (FMVA). Private equity is getting increasingly expensive. Average EBITDA multiples in Q1 equaled Q4s record of 10.8x, with both quarters being the highest level since 2014 when these statistics were first maintained. Use Ask Statista Research Service. Available: https://www.statista.com/statistics/1030114/enterprise-value-to-ebitda-in-the-metals-and-electronics-sector-worldwide/, Average EV/EBITDA multiples in the metals & electronics sector worldwide from 2019 to 2022, by industry, Immediate access to statistics, forecasts & reports, Electrical and electronics (E&E) industry in Malaysia, EV/EBITDA in the metals & electronics sector worldwide 2019-2022, by industry, Electrical equipment manufacturing as share of GDP in Malaysia 2015-2021, Share of electronic components manufacturing in Malaysia 2012-2021, Electronic components manufacturing value added in Malaysia 2012-2021, Sales value of the electrical and electronics industry Malaysia 2015-2021, Sales value of manufactured consumer electronics in Malaysia 2019-2022, Investment value of electrical and electronics Malaysia 2012-2021, Foreign investment value of electrical and electronics Malaysia 2012-2021, Domestic investment value of electrical and electronics Malaysia 2012-2021, Number of people employed in the electronics industry in Malaysia 2015-2022, Production index of electronics and electrical products Malaysia 2015-2022, Production of electronic transistors in Malaysia 2013-2022, Production of integrated circuits in Malaysia 2013-2022, Export value of electrical and electronic products Malaysia 2013-2022, Export value of electrical and electronic products in Malaysia 2021, by segment, Export value of electronic integrated circuits in Malaysia 2017-2021, Import value of electrical and electronic products Malaysia 2013-2022, Import value of electrical and electronic products in Malaysia 2021, by segment, Import value of electronic integrated circuits in Malaysia 2017-2021, Revenue of Unisem (M) Bhd in Malaysia 2013-2021, Malaysian Pacific Industries Berhads revenue 2014-2022, Globetronics Technology Bhds revenue 2013-2021, EV/EBITDA in the metals & electronics sector in Europe 2019-2022, by industry, EV/EBITDA in the retail & trade sector in Europe 2019-2022, by industry, EV/EBITDA in the retail & trade sector worldwide 2019-2022, by industry, EV/EBITDA in the media & advertising sector in Europe 2019-2022, by industry, EV/EBITDA in the finance, insurance & real estate sector in Europe 2020, by industry, EV/EBITDA in energy & environmental services worldwide 2019-2022, by industry, Price earning in the chemicals and resources sector in Europe 2022, by industry, EV/EBITDA in the energy & environmental services sector Europe 2019-2022, by industry, EV/EBITDA in the technology & telecommunications sector worldwide 2022, by industry, Price earning in the consumer goods & FMCG in Europe 2022, by industry, EV/EBITDA in the health & pharmaceuticals sector in Europe 2019-2022, by industry, EV/EBITDA in the consumer goods & FMCG sector worldwide 2019-2022, by industry, Price earning in the energy & environmental sector in Europe 2022, by industry, EV/EBITDA in the transportation & logistics sector in Europe 2019-2022, by industry, EV/EBITDA in the consumer goods & FMCG sector in Europe 2019-2022, by industry, Major companies in the extractive industry in Romania 2019, by number of employees, EV/EBITDA in consumer goods & FMCG in emerging markets 2019-2022, by industry, EV/EBITDA in the health and pharmaceuticals sector in China 2019-2022, by industry, Revenue distribution of Bharat Forge FY 2020, by segment, Find your information in our database containing over 20,000 reports. Enterprise value = Market value of equity + Market value of debt - Cash.EBITDA = Estimated by adding depreciation and amortization back to operating income (EBIT). Unsurprisingly, this reversion is not unique to the private markets as companies in the S&P 500 demonstrate a similar trend. This means current multiples are higher than they were pre-pandemic and represent a dramatic shift in valuations in 2021. statistic alerts) please log in with your personal account. Please do not hesitate to contact me. Limited free cash flow for shareholders despite a $3 billion market cap. However, the company's free cash flow for shareholders has not been exceptional, considering the $3 billion market cap. It is not possible to directly invest in the Lincoln Middle Market Index. (2022). The Lincoln MMI seeks to measure the variation in middle market companies enterprise values by analyzing the aggregate change in company earnings as well as the prevailing market multiples for approximately 500 middle market companies each generating less than $100 million in annual earnings. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). As a result, the pricing of an average deal today, by the EV/EBITDA metric, is expected to be at a premium relative to the last decade. 169.1% EBITDA growth in 2021! If you have an ad-blocker enabled you may be blocked from proceeding. Significantly, the large number of middle market companies used to create the Lincoln MMI helps ensure that the confidentiality of all company-specific information used in the Index is maintained. With pent up demand and about one-third of the U.S. fully vaccinated, tailwinds are blowing in private business favor, which could result in another banner year for private company valuations, Kahn concluded. (2022). (July 31, 2021). However, it's important to note that if we adjust for a more historically consistent EBITDA margin of 7%, the current EV/EBITDA multiple would be 8.6, which is more in line with the 10-year multiple valuation the market has given to Rush. Learn more about how Statista can support your business. For oil & gas companies, there are various industry specific valuation multiples like EV to Reserves, EV to Production and EV to Capacity. Beverages, Distribution, and Ingredients / Flavor segments have all approached or reached 10-year EV / Forward EBITDA highs. Profit from the additional features of your individual account. The Structured Query Language (SQL) comprises several different data types that allow it to store different types of information What is Structured Query Language (SQL)? Once again, the chart displayed below highlights the significant impact of the past two years on Rush's return on invested capital. Key takeaways: Current multiples are 20% above pre-covid peak and 50% above long-term average. The EBITDA multiple will depend on the size of the subject company . of offerings, such as new and used trucks, aftermarket parts, and service and repair facilities. Please create an employee account to be able to mark statistics as favorites. Enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA) is a key measurement ratio used as a . EBIDTA multiples in 2022 have continued to trend in a positive direction as the median selling price per EBITDA across all industries increased from 3.5x at Q3 2021 to 3.9x at Q4 2021 and to 4.5x at Q1 2022. A summary of TEV/EBITDA multiples by transaction size is detailed in the table below. We provide fundamental financial data on multiple markets around the world and offer unique stock index specific data subscriptions, including historical index constituents & weightings. The ratio can be seen as a capital structure-neutral alternative for Price/Earnings ratio. The segment's average selling price is expected to increase more . It is used extensively as a valuation technique, often to find attractive takeover candidates for a merger or acquisition. January 5, 2022. Average EV/EBITDA multiples in the metals & electronics sector worldwide from 2019 to 2022 . Profit from the additional features of your individual account. The 2021 forward EBITDA multiple of 14.1x for the S&P 500 compares to a long-term average EBITDA multiple of 14.0x. It should be noted, however, that the sustainability of enterprise value levels is dependent upon the achievement of projected growth and should growth slow down from its current pace, enterprise values could decline. Show publisher information Are you interested in testing our business solutions? (3) Stock price estimate appropriately priced to current market price. Retail sales at current prices in Poland 2010-2021; . If you are an admin, please authenticate by logging in again. Revenue of $5.7 billion for the quarter, up 18% year-over-year. Enterprise Value is considered a theoretical takeover price in mergers and acquisition transactions (before including a takeover premium). When valuations of different companies are compared to each other, the enterprise multiple is often considered more suitable than P/E. Figures for years 2019 to 2021 were previously published by the source. Currently, you are using a shared account. Please. ABC Wholesale Corp has a Market Cap of $69.3B as of March 1, 2018, a cash balance of $0.3B, and debt of $1.4B as of December 31, 2017. Please disable your ad-blocker and refresh. Please do not hesitate to contact me. While ~50% equity contributions are still required in most cases, elevated purchase multiples and excess . a cash balance of $0.3B, and debt of $1.4B as of December 31, 2017. A paid subscription is required for full access. As a Premium user you get access to the detailed source references and background information about this statistic. As a Premium user you get access to the detailed source references and background information about this statistic. January 5, 2022. You need at least a Starter Account to use this feature. Show publisher information Only positive EBITDA firms: All firms: Industry Name: Number of firms: EV/EBITDAR&D: EV/EBITDA: EV/EBIT: EV/EBIT (1-t) EV/EBITDAR&D2: EV/EBITDA3: EV/EBIT4: EV/EBIT (1-t)5: Advertising: 58: 9.46: 10.36: 17.03: 22.66: These all-time highs compare to a long-term historical average of 9.9x and were prevalent for every industry, showing the expansiveness of the recovery. In, Leonard N. Stern School of Business. Entering text into the input field will update the search result below. statistic alerts) please log in with your personal account. And not only did the number of amendments decrease but, the percentage of amendments relating to deferrals of principal and interest and liquidity cures also declined from their pandemic highs, indicating that the days of widespread liquidity shortfalls may be behind us. I have no business relationship with any company whose stock is mentioned in this article. I have no business relationship with any company whose stock is mentioned in this article. [Online]. And looking ahead, the train is expected to keep on rolling with private companies projecting growth well above pre-pandemic levels., As Growth is Achieved, Multiples to Normalize. ", Siblis Research, S&P 500 EV/EBITDA multiple in the United States from 2014 to 2021, by sector Statista, https://www.statista.com/statistics/953641/sandp-500-ev-to-ebitda-multiples/ (last visited May 02, 2023), S&P 500 EV/EBITDA multiple in the United States from 2014 to 2021, by sector [Graph], Siblis Research, July 31, 2021. Using P/E ratio for comparative analysis can be misleading due to different amounts of leverage, different accounting practices related to depreciation and different tax rates. [Online]. Assuming no further growth in 2021, Coinbase's 2021 revenue annualized at $7.2bn . To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Discover your next role with the interactive map. The return on invested capital has also improved significantly but is still relatively low compared to other good American businesses. Its important to pay close attention to what time period the EBITDA youre using is from. statistic alerts) please log in with your personal account. In the context of company valuation, valuation multiples represent one finance metric as a ratio of another. Are you interested in testing our business solutions? Accessed May 02, 2023. https://www.statista.com/statistics/1030100/enterprise-value-to-ebitda-in-the-media-and-advertising-sector-worldwide/. Q1 2021 also marked the third consecutive quarter of decline in loan amendments executed since the height of the pandemic, with amendments being cut in half since Q2 2020. "Average Ev/Ebitda Multiples in The Metals & Electronics Sector Worldwide from 2019 to 2022, by Industry. S&P 500 EV/EBITDA multiple in the United States from 2014 to 2021, by sector [Graph]. ", Leonard N. Stern School of Business, Average EV/EBITDA multiples in the media & advertising sector worldwide from 2019 to 2022, by industry Statista, https://www.statista.com/statistics/1030100/enterprise-value-to-ebitda-in-the-media-and-advertising-sector-worldwide/ (last visited May 02, 2023), Average EV/EBITDA multiples in the media & advertising sector worldwide from 2019 to 2022, by industry [Graph], Leonard N. Stern School of Business, January 5, 2022. You need a Statista Account for unlimited access. How the EV/EBITDA multiple by sector is calculated? A total of 1,929 companies were included in the calculation for 2022, 1.967 for 2021, 1,803 for 2020 and 1,747 for 2019. From 2013 to 2020, Rush's operating income margin remained at approximately 3%. Significant transactions that occurred in 2020 and 2021 include: The Food & Beverage industry has experienced strong forward market multiples in the third quarter of 2021. The food & beverage industry has experienced a remarkable roller coaster of a ride in the past 18 months. Statista. The company's operating income margin has jumped from 3% to 6-7% in the past two years due to increased gross profit, which may not be sustainable if market dynamics change. Get full access to all features within our Business Solutions. Is this happening to you frequently? EBITDA multiples in 2021 overall are slightly higher - For all microcap software companies globally, the average EBITDA multiple in 2021 is 19.1x compared to 18.7x in 2020. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Accessed May 02, 2023. https://www.statista.com/statistics/1030077/enterprise-value-to-ebitda-in-the-retail-and-trade-sector-worldwide/. (January 5, 2022). To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Then you can access your favorite statistics via the star in the header. A higher EBITDA margin indicates a companys operating expenses are smaller than its total revenue, which leads to a profitable operation. "Average EV/EBITDA multiples in the construction sector worldwide from 2019 to 2022, by industry." October 4, 2021 Our team recently conducted a meta-analysis of EBITDA multiples for small-to-midsized private businesses of <$250M in revenue, parsing the data by industry and company size. Use Ask Statista Research Service. Show publisher information To Determine the Enterprise Value and EBITDA: Lets walk through an example together of how to calculate a companys EBITDA multiple. In light of the company's $3 billion market capitalization, this performance is not particularly exceptional. One explanation could be that operating costs haven't changed much in 6 months to a year . Biggest construction companies based on revenue in the Netherlands 2017, House construction costs per cubic meter Netherlands, by type of ownership 1990-2022, Forecast change value added of 11 industries in the Netherlands 2019-2021, Construction sector volume change in the Netherlands 2014-2019 with forecasts to 2022. "Average EV/EBITDA multiples in the metals & electronics sector worldwide from 2019 to 2022, by industry." Several industries have experienced shortages since the onset of the pandemic, and some have leveraged their pricing power resulting from the supply and demand imbalance. Robert Half based on its current profitability . Following a large dip in all sectors of the economy at the start of the pandemic, F&B publicly traded company shares have performed exceptionally well in the last twelve months. Leonard N. Stern School of Business. Cash or cash equivalents are not considered because they can reduce the net cost to a potential buyer by paying back debt. Higher prices are expected to support EBITDA margin of 20% or better, and approximately 3.5 times EBITDA dollar growth versus Q1. Enterprise value = Market value of equity + Market value of debt - Cash.EBITDA= Estimated by adding depreciation and amortization back to operating income (EBIT).Only positive EBITDA firms. Average EV/EBITDA multiples in the media & advertising sector worldwide from 2019 to 2022, by industry [Graph]. Although EBITDA has demonstrated solid growth and reached $700 million in 2022, cash flow from operations and free cash flow have remained stagnant. It has become a sellers market once again. Learn more about how Statista can support your business. Businesses that require a lot of working capital or significant investments in capital expenditures . To use individual functions (e.g., mark statistics as favourites, set Moreover, even if Rush can somehow sustain a 12% ROIC organically, as they did in 2022, this level of performance is still relatively low compared to that of well-performing American businesses, which typically generate ROICs of 15% or more. Year to date (YTD) volume was up 5% year over year (YoY) with 161 completed transactions and YTD value was up 43% - quite impressive given what the global economy has experienced since the pandemic began. Please create an employee account to be able to mark statistics as favorites. From 2020 to 2021, revenue and EBITDA are expected to grow 8.6% and 7.5%, respectively, based on Lincolns analysis of a subset of companies in its proprietary database; this is approximately 3x that of the EBITDA growth between 2018 and 2019 of 2.5%. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Enterprise Value is the total value of a company, including common shares equity or market capitalization, short-term and long-term debts, minority interest, and preferred equity, while excluding cash or cash equivalents. Leonard N. Stern School of Business. "Average EV/EBITDA multiples in the retail & trade sector worldwide from 2019 to 2022, by industry." Chart below shows EV/ NTM LT EBITDA divided by NTM growth expectations, depicting how cheap . Available: https://www.statista.com/statistics/1030077/enterprise-value-to-ebitda-in-the-retail-and-trade-sector-worldwide/, Average EV/EBITDA multiples in the retail & trade sector worldwide from 2019 to 2022, by industry, Immediate access to statistics, forecasts & reports, Market value of FMCG segment in Poland 2021-2022, Market shares of retail stores in Poland 2020-2024, by store format, Shopping center turnover growth in Poland 2020, by store size, Retail stock in major city agglomerations in Poland 2022, Available storage space of shopping centers in Poland 2022, by major city, Number of stores per channel in Poland 2017-2020, Number of shopping centers in Poland 2021-2022, by major city, Number of hypermarkets in Poland 2010-2021, Number of supermarkets in Poland 2010-2021, Number of discount stores in Poland 2018-2021, Number of grocery stores in Poland 2018-2021, by store size, Number of Lidl stores in Poland 2018-2022, Number of Kaufland stores in Poland 2018-2022, Financial results of Kaufland in Poland 2019-2022, Number of Carrefour stores in Poland 2020-2022, by format, Sales value of Carrefour in Poland 2018-2022, Retail sales at current prices in Poland 2010-2021, Retail sales per capita in Poland 2010-2021, Non-food consumer goods: retail sales value in Poland 2010-2021, Value of retail sales of goods in retail sales outlets in Poland 2010-2021, Value of retail sales of goods in catering establishments in Poland 2010-2021, Value of retail sales of alcoholic beverages and tobacco in Poland 2010-2021, Value of retail sales of food and non-alcoholic beverages in Poland 2010-2021, Year-on-year retail sales value change of supermarkets in Poland 2019-2023, Share of private labels on the retail market in the CEE region 2020, Change dynamics of sales value of private labels and branded products in Poland 2021, Share of people who buy private label non-food products in Poland 2021, Private label products purchased in Poland 2020, Most popular private label non-food products purchased in Biedronka in Poland 2021, Most popular private label non-food products purchased in Lidl in Poland 2021, Most popular private label non-food products purchased in Carrefour in Poland 2021, Most popular private label non-food products purchased in Kaufland in Poland 2021, Value of online retail sales in Poland 2016-2021, Share of online shoppers in Poland 2015-2022, Change in online sales in Poland 2020-2022, by sector, Share of online shoppers in Poland 2022, by type of product, Share of sales via Internet in retail sales in Poland 2020-2022, by product type, Gross value of food and household chemistry products online sales in Poland 2017-2027, Gross value of health and beauty products online sales in Poland 2017-2027, Gross value of toys and kids products online sales in Poland 2017-2027, Popular products purchased during seasonal sales in Poland 2020, Spending during Black Friday in Poland 2020, Planned purchases on Black Friday in Poland 2022, by product category, Planned spending on Valentine's Day gifts in Poland 2023, Types of Valentine's Day gifts in Poland 2023, by gender, Amount of expenses for the International Women's Day gift in Poland 2021, Types of gifts preferred by women on International Women's Day in Poland 2022, Average spend on Easter in Poland 2017-2023, Price earning in the retail & trade sector in Europe 2022, EV/EBITDA in the retail & trade sector in Europe 2019-2022, by industry, EV/EBITDA in the retail and trade sector in the U.S. 2019-2022, by industry, EV/EBITDA in the retail and trade sector in emerging markets 2019-2022, by industry, EV/EBITDA in the retail and trade sector in China 2019-2022, by industry, EV/EBITDA in the metals & electronics sector in Europe 2019-2022, by industry, EV/EBITDA in the consumer goods & FMCG sector worldwide 2019-2022, by industry, EV/EBITDA in the media & advertising sector in Europe 2019-2022, by industry, Price earning in the consumer goods & FMCG in Europe 2022, by industry, EV/EBITDA in the health & pharmaceuticals sector in Europe 2019-2022, by industry, Price earning in the energy & environmental sector in Europe 2022, by industry, EV/EBITDA in the finance, insurance & real estate sector in Europe 2020, by industry, EV/EBITDA in energy & environmental services worldwide 2019-2022, by industry, Price earning in the chemicals and resources sector in Europe 2022, by industry, EV/EBITDA in the energy & environmental services sector Europe 2019-2022, by industry, EV/EBITDA in the technology & telecommunications sector worldwide 2022, by industry, EV/EBITDA in the consumer goods & FMCG sector in Europe 2019-2022, by industry, EV/EBITDA in the technology & telecommunications sector Europe 2019-2022, by industry, EV/EBITDA in the transportation & logistics sector in Europe 2019-2022, by industry, Compound annual growth rate of revenue in the retail and trade sector in Europe 2022, Find your information in our database containing over 20,000 reports.