Stock Analysis on Net

Analog Devices Inc. (NASDAQ:ADI)

Enterprise Value (EV)

Microsoft Excel

Current Enterprise Value (EV)

Analog Devices Inc., current enterprise value calculation

Microsoft Excel
Current share price (P) $195.20
No. shares of common stock outstanding 495,908,150
US$ in thousands
Common equity (market value)1 96,801,271
Add: Preferred stock, $1.00 par value, none outstanding (per books)
Total equity 96,801,271
Add: Debt, current (per books) 499,052
Add: Commercial paper notes (per books) 547,224
Add: Long-term debt, excluding current (per books) 5,902,457
Total equity and debt 103,750,004
Less: Cash and cash equivalents 958,061
Enterprise value (EV) 102,791,943

Based on: 10-K (reporting date: 2023-10-28).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 195.20 × 495,908,150


Historical Enterprise Value (EV)

Analog Devices Inc., EV calculation

Microsoft Excel
Oct 28, 2023 Oct 29, 2022 Oct 30, 2021 Oct 31, 2020 Nov 2, 2019 Nov 3, 2018
Share price1, 2 $181.25 $168.43 $180.79 $136.89 $114.89 $89.58
No. shares of common stock outstanding1 496,261,678 509,295,941 525,330,672 369,484,899 368,302,369 370,159,553
US$ in thousands
Common equity (market value)3 89,947,429 85,780,715 94,974,532 50,578,788 42,314,259 33,158,893
Add: Preferred stock, $1.00 par value, none outstanding (book value)
Total equity 89,947,429 85,780,715 94,974,532 50,578,788 42,314,259 33,158,893
Add: Debt, current (book value) 499,052 516,663 299,667 67,000
Add: Commercial paper notes (book value) 547,224
Add: Long-term debt, excluding current (book value) 5,902,457 6,548,625 6,253,212 5,145,102 5,192,252 6,265,674
Total equity and debt 96,896,162 92,329,340 101,744,407 55,723,890 47,806,178 39,491,567
Less: Cash and cash equivalents 958,061 1,470,572 1,977,964 1,055,860 648,322 816,591
Enterprise value (EV) 95,938,101 90,858,768 99,766,443 54,668,030 47,157,856 38,674,976

Based on: 10-K (reporting date: 2023-10-28), 10-K (reporting date: 2022-10-29), 10-K (reporting date: 2021-10-30), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-11-02), 10-K (reporting date: 2018-11-03).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Analog Devices Inc. Annual Report.

3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 181.25 × 496,261,678

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. Analog Devices Inc. EV decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level.