Enterprise Value (EV)

Enterprise Value (EV) represents the total value of a company to all capital providers (equity holders + debt holders - cash) and is a foundational concept in stock valuation. It is a capital-structure-neutral measure of a company's worth.

公式

示例

A company with a market cap of $100B, $20B in debt, and $10B in cash has an EV of $110B. This is the theoretical takeover price an acquirer would pay.

为什么重要

EV is preferred over market cap for company comparisons in stock valuation because it accounts for debt and cash differences. It's the numerator in EV/EBITDA and EV/FCF ratios and is a key output of DCF analysis.

MiniValuator 如何使用Enterprise Value (EV)

MiniValuator's stock valuation DCF model first calculates enterprise value, then subtracts net debt to arrive at equity value per share (intrinsic value).

相关术语

• Discounted Cash Flow (DCF) — Discounted Cash Flow (DCF) is a fundamental stock valuation methodology that estimates the present v...
• Exit Multiple — An exit multiple is a stock valuation ratio (such as EV/EBITDA or EV/FCF) applied to a financial met...
• Intrinsic Value — Intrinsic value is the estimated true worth of an asset based on its fundamental economic characteri...

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