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Johnson & Johnson
DUS:JNJ

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Johnson & Johnson
DUS:JNJ
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Price: 191.24 EUR -0.53% Market Closed
Market Cap: €460.9B

EV/EBIT

21.7
Current
31%
More Expensive
vs 3-y average of 16.5

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

EV/EBIT
21.7
=
Enterprise Value
€600.5B
/
EBIT
$26.8B

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

EV/EBIT
21.7
=
Enterprise Value
€600.5B
/
EBIT
$26.8B

Valuation Scenarios

Johnson & Johnson is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (16.5), the stock would be worth €145.75 (24% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-44%
Maximum Upside
No Upside Scenarios
Average Downside
24%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 21.7 €191.24
0%
3-Year Average 16.5 €145.75
-24%
5-Year Average 18 €158.98
-17%
Industry Average 12.1 €106.6
-44%
Country Average 19.6 €172.94
-10%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
€600.5B
/
Mar 2026
$26.8B
=
21.7
Current
€600.5B
/
Dec 2026
$33.7B
=
17.8
Forward
€600.5B
/
Dec 2027
$36.4B
=
16.5
Forward
€600.5B
/
Dec 2028
$39.6B
=
15.2
Forward

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

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
US
Johnson & Johnson
DUS:JNJ
544.4B EUR 21.7 26.5
US
Eli Lilly and Co
NYSE:LLY
870.6B USD 30.3 42
CH
Roche Holding AG
SIX:ROG
248.4B CHF 12.9 19.3
UK
AstraZeneca PLC
LSE:AZN
224.8B GBP 22.7 29.1
CH
Novartis AG
SIX:NOVN
221.8B CHF 15.9 20
US
Merck & Co Inc
NYSE:MRK
279.4B USD 11.8 15.5
IE
Endo International PLC
LSE:0Y5F
244.4B USD 970 -83.6
DK
Novo Nordisk A/S
CSE:NOVO B
1.1T DKK 9.3 10.7
US
Pfizer Inc
NYSE:PFE
152.4B USD 10 19.4
US
Bristol-Myers Squibb Co
NYSE:BMY
118.4B USD 8.8 16.8
FR
Sanofi SA
PAR:SAN
98.8B EUR 10.5 12.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Johnson & Johnson
DUS:JNJ
Average EV/EBIT: 102.2
21.7
13%
1.7
US
Eli Lilly and Co
NYSE:LLY
30.3
22%
1.4
CH
Roche Holding AG
SIX:ROG
12.9
6%
2.2
UK
AstraZeneca PLC
LSE:AZN
22.7
21%
1.1
CH
Novartis AG
SIX:NOVN
15.9
9%
1.8
US
Merck & Co Inc
NYSE:MRK
11.8
6%
2
IE
E
Endo International PLC
LSE:0Y5F
970
N/A N/A
DK
Novo Nordisk A/S
CSE:NOVO B
9.3
2%
4.6
US
Pfizer Inc
NYSE:PFE
10
-4%
N/A
US
Bristol-Myers Squibb Co
NYSE:BMY
8.8
-7%
N/A
FR
Sanofi SA
PAR:SAN
10.5
12%
0.9
P/E Multiple
Earnings Growth PEG
US
Johnson & Johnson
DUS:JNJ
Average P/E: 21.2
26.5
8%
3.3
US
Eli Lilly and Co
NYSE:LLY
42
32%
1.3
CH
Roche Holding AG
SIX:ROG
19.3
14%
1.4
UK
AstraZeneca PLC
LSE:AZN
29.1
25%
1.2
CH
Novartis AG
SIX:NOVN
20
14%
1.4
US
Merck & Co Inc
NYSE:MRK
15.5
14%
1.1
IE
E
Endo International PLC
LSE:0Y5F
Negative Multiple: -83.6 N/A N/A
DK
Novo Nordisk A/S
CSE:NOVO B
10.7
0%
N/A
US
Pfizer Inc
NYSE:PFE
19.4
22%
0.9
US
Bristol-Myers Squibb Co
NYSE:BMY
16.8
16%
1.1
FR
Sanofi SA
PAR:SAN
12.7
16%
0.8

Market Distribution

In line with most companies in the United States of America
Percentile
44th
Based on 8 638 companies
44th percentile
18
Low
0 — 13.6
Typical Range
13.6 — 27.8
High
27.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 13.6
Median 19.6
70th Percentile 27.8
Max 1 826 183.2

Johnson & Johnson
Glance View

Founded in 1886, Johnson & Johnson began its journey with a commitment to revolutionizing healthcare, starting with the sterile surgical dressings it produced to reduce infections in hospitals. Over the decades, this vision expanded into a global healthcare powerhouse, intricate in its operation yet unified in its mission to improve lives. Johnson & Johnson's business model is built on three core segments: pharmaceuticals, medical devices, and consumer health products. Each segment harnesses the synergy of innovation, research, and a deep understanding of customer needs. The pharmaceutical division, one of its most robust, thrives on producing treatments for various medical conditions, including immunology, oncology, and neuroscience. It is in this domain that cutting-edge research and development efforts translate into high-margin therapies, driving substantial portions of the company's revenue. Beyond pharmaceuticals, the medical devices segment forms a pillar of Johnson & Johnson's operations, offering a spectrum of products essential for surgeries, orthopedics, and vision care. These devices are integral for modern healthcare practices, with their premium positioning contributing significantly to the company’s financial health. Meanwhile, Johnson & Johnson's consumer health division addresses everyday wellness needs, with iconic brands like Band-Aid, Tylenol, and Neutrogena. This segment leverages global brand recognition and trust to generate steady, albeit lower-margin, income streams. Together, these segments compose a diversified revenue platform, buffered against sector-specific downturns and positioning Johnson & Johnson as a formidable entity in global healthcare markets.

JNJ Intrinsic Value
150.4 EUR
Overvaluation 21%
Intrinsic Value
Price €191.24
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