SYKNEUTRAL

SYK EV/EBITDA Analysis

18.4x

Updated 129h ago·SEC filings & market data

Key Takeaway

EV/EBITDA measures a company’s total value (market cap plus debt minus cash) against its earnings before interest, taxes, depreciation, and amortization.

Sector Performance

68th percentile

SYK

18.4x

Sector Median

13.6x

Sector Avg

-30.9x

Prior Period

18.8x(Aug 2026)

↑ Improving

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Deep Analysis

EV/EBITDA measures a company’s total value (market cap plus debt minus cash) against its earnings before interest, taxes, depreciation, and amortization.

At 19.4x, investors are paying $19.40 for every $1 of operating earnings, which is a premium valuation. That premium is clear relative to the sector median of 13.6x, placing SYK at the 72nd percentile among peers. The trend is stable: the metric fell 2.5% year-over-year and rose 0.8% quarter-over-quarter, with the last eight quarters hovering between 19.1x and 20.1x. A high but stable multiple implies limited downside from valuation compression unless earnings disappoint, yet also limited upside from a re-rating. This combination supports the overall NEUTRAL verdict, as the stock is neither cheap enough for a value opportunity nor expensive enough to be an obvious sell.

Frequently Asked Questions

What does the EV/EBITDA tell investors about SYK?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

Who are SYK's closest peers by EV/EBITDA?

The closest peers by EV/EBITDA include: SMTC (76.6x), SHOP (80.2x), OKTA (83.5x), TEAM (101.4x), STEM (102.7x).

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Learn More About EV/EBITDA

EV/EBITDA Explained: The Valuation Metric Pro Investors Actually Use

Learn what EV/EBITDA is, why it beats P/E for capital-heavy companies, typical sector ranges, and key limitations every serious investor should know.

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.