Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Analog Devices Inc. (NASDAQ:ADI)

Enterprise Value (EV)

Intermediate level

Current Enterprise Value (EV)

Analog Devices Inc., current enterprise value calculation

Microsoft Excel LibreOffice Calc
Current share price (P) $137.75
No. shares of common stock outstanding 369,484,899
US$ in thousands
Common equity (market value)1 50,896,545 
Add: Preferred stock, $1.00 par value, none outstanding (per books) — 
Total equity 50,896,545 
Add: Debt, current (per books) — 
Add: Long-term debt, excluding current (per books) 5,145,102 
Total equity and debt 56,041,647 
Less: Cash and cash equivalents 1,055,860 
Less: Short-term investments — 
Enterprise value (EV) 54,985,787 

Based on: 10-K (filing date: 2020-11-24).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 137.75 × 369,484,899


Historical Enterprise Value (EV)

Analog Devices Inc., EV calculation

Microsoft Excel LibreOffice Calc
Oct 31, 2020 Nov 2, 2019 Nov 3, 2018 Oct 28, 2017 Oct 29, 2016 Oct 31, 2015
Share price1, 2 $136.89 $114.89 $89.58 $88.65 $72.89 $60.42
No. shares of common stock outstanding1 369,484,899 368,302,369 370,159,553 368,635,788 308,170,560 312,060,682
US$ in thousands
Common equity (market value)3 50,578,788  42,314,259  33,158,893  32,679,563  22,462,552  18,854,706 
Add: Preferred stock, $1.00 par value, none outstanding (book value) —  —  —  —  —  — 
Total equity 50,578,788  42,314,259  33,158,893  32,679,563  22,462,552  18,854,706 
Add: Debt, current (book value) —  299,667  67,000  300,000  —  374,839 
Add: Long-term debt, excluding current (book value) 5,145,102  5,192,252  6,265,674  7,551,084  1,732,177  498,497 
Total equity and debt 55,723,890  47,806,178  39,491,567  40,530,647  24,194,729  19,728,042 
Less: Cash and cash equivalents 1,055,860  648,322  816,591  1,047,838  921,132  884,353 
Less: Short-term investments —  —  —  —  3,134,661  2,144,575 
Enterprise value (EV) 54,668,030  47,157,856  38,674,976  39,482,809  20,138,936  16,699,114 

Based on: 10-K (filing date: 2020-11-24), 10-K (filing date: 2019-11-26), 10-K (filing date: 2018-11-27), 10-K (filing date: 2017-11-22), 10-K (filing date: 2016-11-22), 10-K (filing date: 2015-11-24).

1 Data adjusted for splits and stock dividends.

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

3 2020 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 136.89 × 369,484,899

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.’s EV increased from 2018 to 2019 and from 2019 to 2020.