Stock Analysis on Net

Intuit Inc. (NASDAQ:INTU)

Enterprise Value (EV) 

Microsoft Excel

Current Enterprise Value (EV)

Intuit Inc., current enterprise value calculation

Microsoft Excel
Current share price (P) $630.39
No. shares of common stock outstanding 279,979,000
US$ in millions
Common equity (market value)1 176,496
Add: Preferred stock, $0.01 par value; none issued and outstanding (per books)
Total equity 176,496
Add: Short-term debt (per books)
Add: Long-term debt (per books) 6,120
Total equity and debt 182,616
Less: Cash and cash equivalents 2,848
Less: Investments 814
Enterprise value (EV) 178,954

Based on: 10-K (reporting date: 2023-07-31).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 630.39 × 279,979,000


Historical Enterprise Value (EV)

Intuit Inc., EV calculation

Microsoft Excel
Jul 31, 2023 Jul 31, 2022 Jul 31, 2021 Jul 31, 2020 Jul 31, 2019 Jul 31, 2018
Share price1, 2 $549.60 $420.06 $567.59 $345.39 $288.36 $219.47
No. shares of common stock outstanding1 280,259,493 281,869,879 273,091,929 261,807,204 260,073,642 258,671,620
US$ in millions
Common equity (market value)3 154,031 118,402 155,004 90,426 74,995 56,771
Add: Preferred stock, $0.01 par value; none issued and outstanding (book value)
Total equity 154,031 118,402 155,004 90,426 74,995 56,771
Add: Short-term debt (book value) 499 1,338 50 50
Add: Long-term debt (book value) 6,120 6,415 2,034 2,031 386 388
Total equity and debt 160,151 125,316 157,038 93,795 75,431 57,209
Less: Cash and cash equivalents 2,848 2,796 2,562 6,442 2,116 1,464
Less: Investments 814 485 1,308 608 624 252
Enterprise value (EV) 156,489 122,035 153,168 86,745 72,691 55,493

Based on: 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31), 10-K (reporting date: 2018-07-31).

1 Data adjusted for splits and stock dividends.

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

3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 549.60 × 280,259,493

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. Intuit Inc. EV decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.