Below are the FAMG NTM EV/EBITDA multiples since 2007. Either consensus estimates still have a long way to fall or long-term investors are getting a deal on $FB
$AMZN $MSFT and
$GOOG.
The current avg FANG NTM EV/EBITDA is 12.9 while 2007-2021 avg is 14.9.