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Activision Blizzard (Activision Blizzard) EV-to-EBIT : 24.14 (As of Apr. 26, 2024)


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What is Activision Blizzard EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Activision Blizzard's Enterprise Value is $64,817 Mil. Activision Blizzard's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $2,685 Mil. Therefore, Activision Blizzard's EV-to-EBIT for today is 24.14.

The historical rank and industry rank for Activision Blizzard's EV-to-EBIT or its related term are showing as below:

ATVI' s EV-to-EBIT Range Over the Past 10 Years
Min: 12.87   Med: 24.49   Max: 40.73
Current: 24.28

During the past 13 years, the highest EV-to-EBIT of Activision Blizzard was 40.73. The lowest was 12.87. And the median was 24.49.

ATVI's EV-to-EBIT is not ranked
in the Interactive Media industry.
Industry Median: 11.59 vs ATVI: 24.28

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Activision Blizzard's Enterprise Value for the quarter that ended in Jun. 2023 was $56,842 Mil. Activision Blizzard's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $2,685 Mil. Activision Blizzard's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 4.72%.


Activision Blizzard EV-to-EBIT Historical Data

The historical data trend for Activision Blizzard's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Activision Blizzard EV-to-EBIT Chart

Activision Blizzard Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.86 24.02 23.94 13.91 27.67

Activision Blizzard Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.27 27.71 27.67 24.40 20.25

Competitive Comparison of Activision Blizzard's EV-to-EBIT

For the Electronic Gaming & Multimedia subindustry, Activision Blizzard's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Activision Blizzard's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Activision Blizzard's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Activision Blizzard's EV-to-EBIT falls into.



Activision Blizzard EV-to-EBIT Calculation

Activision Blizzard's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=64817.497/2685
=24.14

Activision Blizzard's current Enterprise Value is $64,817 Mil.
Activision Blizzard's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,685 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Activision Blizzard  (NAS:ATVI) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Activision Blizzard's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=2685/56842.0892
=4.72 %

Activision Blizzard's Enterprise Value for the quarter that ended in Jun. 2023 was $56,842 Mil.
Activision Blizzard's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,685 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Activision Blizzard EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Activision Blizzard's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Activision Blizzard (Activision Blizzard) Business Description

Traded in Other Exchanges
N/A
Address
2701 Olympic Boulevard, Building B, Santa Monica, CA, USA, 90404
Activision Blizzard was formed in 2008 by the merger of Activision, one of the largest console video game publishers, and Blizzard, one of largest PC video game publishers. The combined firm remains one of the world's largest video game publishers. Activision's impressive franchise portfolio includes World of Warcraft, which boasts more than $8 billion of lifetime sales, and Call of Duty, which has sold over 175 million copies across 14 titles over 12 years.
Executives
Julie Hodges officer: Chief People Officer C/O ACTIVISION BLIZZARD, INC., 2701 OLYMPIC BOULEVARD, BUILDING B, SANTA MONICA CA 90404
Peter J Nolan director 11111SANTA MONICA BLVD, STE 2000, LOS ANGELES CA 90025
Daniel Alegre officer: President and COO 9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55317
Robert A Kotick director, officer: Chief Executive Officer 3100 OCEAN PARK BLVD, SANTA MONICA CA 90405
Brian Bulatao officer: Chief Administrative Officer C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 90405
Armin Zerza officer: Chief Financial Officer C/O ACTIVISION BLIZZARD, INC, 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 90405
Grant Michael Dixton officer: Chief Legal Officer C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 90405
Lulu Cheng Meservey director 2701 OLYMPIC BOULEVARD, BUILDING B, SANTA MONICA CA 90404
Dawn Ostroff director 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 91405
Barry Meyer director C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BLVD., SANTA MONICA CA 90405
Reveta F Bowers director C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 90405
Brian G Kelly director 3100 OCEAN PARK BLVD, SANTA MONICA CA 90405
Robert J Morgado director 3100 OCAN PARK BLVD, SANTA MONICA CA 90405
Robert J Corti director C/O AVON PRODUCTS INC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105-0196
Kerry Carr director ONE MEADOWLANDS PLAZA, EAST RUTHERFORD NJ 07073

Activision Blizzard (Activision Blizzard) Headlines