Microsoft Excel LibreOffice Calc

Enterprise Value (EV)

Difficulty: Intermediate


Current Enterprise Value (EV)

Alphabet Inc., current enterprise value calculation

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Current share price (P) $ 1,214.38
No. shares of common stock outstanding 695,677,773
USD $ in millions
Common equity (market value) 844,817 
Add: Convertible preferred stock, $0.001 par value per share; no shares issued and outstanding (per books)
Total equity 844,817 
Add: Short-term debt (per books)
Add: Long-term debt, excluding short-term portion (per books) 3,969 
Total equity and debt 848,786 
Less: Cash, cash equivalents, and marketable securities 101,871 
Enterprise value (EV) 746,915 

Historical Enterprise Value (EV)

Alphabet Inc., EV calculation

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Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013
No. shares of common stock outstanding1 695,297,530 691,420,327 688,319,767 680,622,782 672,101,662
Share price1, 2 (USD $) 1,080.60 801.49 683.11 527.83 593.35
USD $ in millions
Common equity (market value) 751,339  554,166  470,198  359,253  398,792 
Add: Convertible preferred stock, $0.001 par value per share; no shares issued and outstanding (per books)
Total equity 751,339  554,166  470,198  359,253  398,792 
Add: Short-term debt (per books) 3,225  2,009  3,009 
Add: Long-term debt, excluding short-term portion (per books) 3,969  3,935  1,995  3,228  2,236 
Total equity and debt 755,308  558,101  475,418  364,490  404,037 
Less: Cash, cash equivalents, and marketable securities 101,871  86,333  73,066  64,395  58,717 
Enterprise value (EV) 653,437  471,768  402,352  300,095  345,320 
1 Data adjusted for splits and stock dividends.
2 Close price on the filing date of Alphabet Inc.'s Annual Report.
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. Alphabet Inc.'s EV increased from 2015 to 2016 and from 2016 to 2017.