Warner Bros Discovery Inc banner

Warner Bros Discovery Inc
NASDAQ:WBD

Watchlist Manager
Warner Bros Discovery Inc Logo
Warner Bros Discovery Inc
NASDAQ:WBD
Watchlist
Price: 27.47 USD 0.29% Market Closed
Market Cap: $68.1B

EV/EBITDA

5.1
Current
78%
More Expensive
vs 3-y median of 2.9

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
5.1
=
Enterprise Value
$95.8B
/
EBITDA
$18.8B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
5.1
=
Enterprise Value
$95.8B
/
EBITDA
$18.8B

Valuation Scenarios

Warner Bros Discovery Inc is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (2.9), the stock would be worth $15.41 (44% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-44%
Maximum Upside
+182%
Average Upside
56%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 5.1 $27.47
0%
3-Year Average 2.9 $15.41
-44%
5-Year Average 3.2 $17.11
-38%
Industry Average 11.4 $61.46
+124%
Country Average 14.4 $77.43
+182%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
$95.8B
/
Jan 2026
$18.8B
=
5.1
Current
$95.8B
/
Dec 2026
$8.6B
=
11.2
Forward
$95.8B
/
Dec 2027
$8.6B
=
11.2
Forward
$95.8B
/
Dec 2028
$8.5B
=
11.3
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
US
Warner Bros Discovery Inc
NASDAQ:WBD
68.1B USD 5.1 93.7
US
Netflix Inc
NASDAQ:NFLX
409.8B USD 13.2 30.6
US
Walt Disney Co
NYSE:DIS
191.6B USD 11.6 15.6
LU
Spotify Technology SA
NYSE:SPOT
110.5B USD 36.9 42.3
NL
Universal Music Group NV
AEX:UMG
37.8B EUR 16.4 24.7
US
Live Nation Entertainment Inc
NYSE:LYV
36.9B USD 19.9 -668.4
US
TKO Group Holdings Inc
NYSE:TKO
36.1B USD 25.6 157.9
US
Roku Inc
NASDAQ:ROKU
17.2B USD 224.1 194.9
FR
Bollore SE
PAR:BOL
14.1B EUR -43.8 40.5
CN
Tencent Music Entertainment Group
NYSE:TME
15.5B USD 9.1 9.7
US
Warner Music Group Corp
NASDAQ:WMG
15.8B USD 13.9 52.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Warner Bros Discovery Inc
NASDAQ:WBD
Average EV/EBITDA: 37.6
5.1
-23%
N/A
US
Netflix Inc
NASDAQ:NFLX
13.2
-7%
N/A
US
Walt Disney Co
NYSE:DIS
11.6
11%
1.1
LU
Spotify Technology SA
NYSE:SPOT
36.9
30%
1.2
NL
Universal Music Group NV
AEX:UMG
16.4
14%
1.2
US
Live Nation Entertainment Inc
NYSE:LYV
19.9
21%
0.9
US
TKO Group Holdings Inc
NYSE:TKO
25.6
22%
1.2
US
Roku Inc
NASDAQ:ROKU
224.1
147%
1.5
FR
Bollore SE
PAR:BOL
Negative Multiple: -43.8 N/A N/A
CN
Tencent Music Entertainment Group
NYSE:TME
9.1
16%
0.6
US
Warner Music Group Corp
NASDAQ:WMG
13.9
15%
0.9

Market Distribution

Lower than 92% of companies in the United States of America
Percentile
8th
Based on 9 875 companies
8th percentile
5.1
Low
0 — 10
Typical Range
10 — 21.5
High
21.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 10
Median 14.4
70th Percentile 21.5
Max 1 767 274.1

Warner Bros Discovery Inc
Glance View

Warner Bros Discovery Inc. emerges as a dynamic powerhouse in the media and entertainment industry, representing the fusion of two iconic names: WarnerMedia and Discovery, Inc. This corporate merger, consummated in 2022, was orchestrated to blend WarnerMedia's strength in film and television production with Discovery's expertise in non-fiction and international content. The combined entity leverages an extensive portfolio that includes beloved brands such as HBO, Warner Bros., CNN, and the Discovery Channel. This diverse range of assets positions Warner Bros Discovery to thrive in an ever-evolving media landscape where streaming services, traditional television, and cinematic experiences blend seamlessly. The strategic alignment allows Warner Bros Discovery to create, distribute, and monetize content across multiple platforms, catering to global audiences. In monetizing its vast array of content, Warner Bros Discovery employs a multifaceted approach. The company generates revenue through various streams, such as direct-to-consumer subscriptions, advertising, content licensing, and theatrical distribution. Platforms like HBO Max and Discovery+ serve as integral components of its digital strategy, where subscribers pay to access a vast library of films, series, documentaries, and original programming. In parallel, its traditional cable networks and production units capitalize on advertising revenue and syndication deals. The theatrical release of films provides another significant income stream, bolstered by a storied history of blockbuster hits. Through these revenue channels, Warner Bros Discovery not only captures diverse market segments but also adapts to shifts in consumer behavior, ensuring its place at the forefront of the entertainment industry.

WBD Intrinsic Value
27.14 USD
Overvaluation 1%
Intrinsic Value
Price $27.47
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett