What this calculator does
Enterprise value works out the theoretical takeover price of a company: equity plus debt, minus cash on hand. Enter your own figures above and the answer updates as you type: nothing is fixed in the code, so the result reflects exactly the numbers you supply.
The formula this calculator evaluates is printed under the tool and explained below, so you can check the working by hand or reuse it in a spreadsheet.
The formula
FormulaEV = Market capitalisation + Total debt + Minority interest + Preferred equity − Cash & equivalents
The inputs explained
| Field | What to enter |
|---|---|
| Market capitalisation ($) | A number, measured in your currency. Starts at 5000000. |
| Total debt ($) | A number, measured in your currency. Starts at 1200000. |
| Minority interest ($) | A number, measured in your currency. Starts at 0. |
| Preferred equity ($) | A number, measured in your currency. Starts at 0. |
| Cash & equivalents ($) | A number, measured in your currency. Starts at 400000. |
Worked examples
Every figure in the tables below is produced by this page’s own calculator at build time, so the numbers and the tool always agree. Select any row to load that scenario.
How the answer changes with market capitalisation
Every other input is held at the calculator’s starting values while market capitalisation varies. Select any row to load that scenario into the calculator.
How the answer changes with market capitalisation
| Market capitalisation ($) | Enterprise value | Net debt | EV as a multiple of market cap |
|---|---|---|---|
| 2,500,000 | $3,300,000.00 | $800,000.00 | 1.32× |
| 3,750,000 | $4,550,000.00 | $800,000.00 | 1.21× |
| 5,000,000 | $5,800,000.00 | $800,000.00 | 1.16× |
| 7,500,000 | $8,300,000.00 | $800,000.00 | 1.11× |
| 10,000,000 | $10,800,000.00 | $800,000.00 | 1.08× |
| 15,000,000 | $15,800,000.00 | $800,000.00 | 1.05× |