Stock Analysis on Net

National Oilwell Varco Inc. (NYSE:NOV)

This company has been moved to the archive! The financial data has not been updated since August 3, 2016.

Enterprise Value (EV)

Microsoft Excel

Current Enterprise Value (EV)

National Oilwell Varco Inc., current enterprise value calculation

Microsoft Excel
Current share price (P) $32.66
No. shares of common stock outstanding 377,631,319
US$ in millions
Common equity (market value)1 12,333
Add: Noncontrolling interests (per books) 77
Total equity 12,410
Add: Current portion of long-term debt and short-term borrowings (per books) 2
Add: Long-term debt, excluding current portion (per books) 3,928
Total equity and debt 16,340
Less: Cash and cash equivalents 2,080
Enterprise value (EV) 14,260

Based on: 10-K (reporting date: 2015-12-31).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 32.66 × 377,631,319


Historical Enterprise Value (EV)

National Oilwell Varco Inc., EV calculation

Microsoft Excel
Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Share price1, 2 $29.30 $55.13 $76.42 $68.10 $86.23
No. shares of common stock outstanding1 375,800,956 409,935,076 428,526,178 426,639,780 424,224,491
US$ in millions
Common equity (market value)3 11,011 22,600 32,748 29,054 36,581
Add: Noncontrolling interests (book value) 77 80 100 117 109
Total equity 11,088 22,680 32,848 29,171 36,690
Add: Current portion of long-term debt and short-term borrowings (book value) 2 152 1 1 351
Add: Long-term debt, excluding current portion (book value) 3,928 3,014 3,149 3,148 159
Total equity and debt 15,018 25,846 35,998 32,320 37,200
Less: Cash and cash equivalents 2,080 3,536 3,436 3,319 3,535
Enterprise value (EV) 12,938 22,310 32,562 29,001 33,665

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of National Oilwell Varco Inc. Annual Report.

3 2015 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 29.30 × 375,800,956

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. National Oilwell Varco Inc. EV decreased from 2013 to 2014 and from 2014 to 2015.