Stock Analysis on Net

Mondelēz International Inc. (NASDAQ:MDLZ)

Enterprise Value (EV)

Microsoft Excel

Current Enterprise Value (EV)

Mondelēz International Inc., current enterprise value calculation

Microsoft Excel
Current share price (P) $70.10
No. shares of common stock outstanding 1,346,477,411
US$ in millions
Common equity (market value)1 94,388
Add: Noncontrolling interest (per books) 34
Total equity 94,422
Add: Short-term borrowings (per books) 420
Add: Current portion of long-term debt (per books) 2,101
Add: Long-term debt, excluding current portion (per books) 16,887
Total equity and debt 113,830
Less: Cash and cash equivalents 1,810
Enterprise value (EV) 112,020

Based on: 10-K (reporting date: 2023-12-31).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 70.10 × 1,346,477,411


Historical Enterprise Value (EV)

Mondelēz International Inc., EV calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Share price1, 2 $76.87 $65.91 $67.02 $56.21 $58.66
No. shares of common stock outstanding1 1,346,477,411 1,363,306,849 1,388,328,044 1,412,114,559 1,432,943,006
US$ in millions
Common equity (market value)3 103,504 89,856 93,046 79,375 84,056
Add: Noncontrolling interest (book value) 34 37 54 76 76
Total equity 103,538 89,893 93,100 79,451 84,132
Add: Short-term borrowings (book value) 420 2,299 216 29 2,638
Add: Current portion of long-term debt (book value) 2,101 383 1,746 2,741 1,581
Add: Long-term debt, excluding current portion (book value) 16,887 20,251 17,550 17,276 14,207
Total equity and debt 122,946 112,826 112,612 99,497 102,558
Less: Cash and cash equivalents 1,810 1,923 3,546 3,619 1,291
Enterprise value (EV) 121,136 110,903 109,066 95,878 101,267

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Mondelēz International Inc. Annual Report.

3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 76.87 × 1,346,477,411

Item Description The company
EV Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. Mondelēz International Inc. EV increased from 2021 to 2022 and from 2022 to 2023.