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Enterprise Value

Free Enterprise Value calculator with clear step-by-step results.

About Enterprise Value

EV prices the whole business, not just the equity, making it useful for M&A comparisons.

Formula

Formula

EV = market cap + debt − cash

Worked example

With the default values below, Enterprise Value returns Enterprise Value of $1,150,000,000.00. Change any input above and every figure here is recalculated in your browser.

Inputs used

Market capminimum 0 $
1,000,000,000 $
Total debtminimum 0 $
200,000,000 $
Cash and equivalentsminimum 0 $
50,000,000 $

Results

Enterprise Value
$1,150,000,000.00
Net Debt
$150,000,000.00
Debt as % of EV
13.0%

Step by step

  1. 1Values used
  2. 2Formula
  3. 3Enterprise Value= $1,150,000,000
  4. 4Net Debt= $150,000,000
  5. 5Debt as % of EV= 13.0

Assumptions and limits

  • The result is derived only from the 3 inputs listed above. Anything not among them is not part of the calculation.
  • In particular, this calculator does not take inflation, tax, fees or charges or compounding frequency into account.
  • Figures are rounded for display to 1 decimal place, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
  • This is an estimate for general information and not professional financial, tax or legal advice. See the full disclaimer for the limits that apply to this kind of calculator.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Frequently Asked Questions

How does this calculator work?

EV prices the whole business, not just the equity, making it useful for M&A comparisons.

Why does this matter?

Debt and cash adjust for how the company is financed.

Enterprise Value – Calculate Enterprise Value & Net Debt