Stock Analysis on Net

KLA Corp. (NASDAQ:KLAC)

Enterprise Value (EV)

Microsoft Excel

Current Enterprise Value (EV)

KLA Corp., current enterprise value calculation

Microsoft Excel
Current share price (P) $633.64
No. shares of common stock outstanding 135,233,651
US$ in thousands
Common equity (market value)1 85,689,451
Add: Preferred stock, $0.001 par value, none outstanding (per books)
Add: Non-controlling interest in consolidated subsidiaries (per books)
Total equity 85,689,451
Add: Short-term debt (per books)
Add: Current portion of long-term debt (per books)
Add: Long-term debt, excluding current portion (per books) 5,890,736
Total equity and debt 91,580,187
Less: Cash and cash equivalents 1,927,865
Less: Marketable securities 1,315,294
Enterprise value (EV) 88,337,028

Based on: 10-K (reporting date: 2023-06-30).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 633.64 × 135,233,651


Historical Enterprise Value (EV)

KLA Corp., EV calculation

Microsoft Excel
Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019 Jun 30, 2018
Share price1, 2 $496.47 $395.74 $353.35 $202.85 $136.12 $118.27
No. shares of common stock outstanding1 136,720,074 141,803,776 152,737,157 155,461,444 159,255,950 156,126,508
US$ in thousands
Common equity (market value)3 67,877,415 56,117,426 53,969,674 31,535,354 21,677,920 18,465,082
Add: Preferred stock, $0.001 par value, none outstanding (book value)
Add: Non-controlling interest in consolidated subsidiaries (book value) (2,261) (1,912) 15,586 18,585
Total equity 67,877,415 56,115,165 53,967,762 31,550,940 21,696,505 18,465,082
Add: Short-term debt (book value) 20,000
Add: Current portion of long-term debt (book value) 249,999
Add: Long-term debt, excluding current portion (book value) 5,890,736 6,660,718 3,422,767 3,469,670 3,173,383 2,237,402
Total equity and debt 73,768,151 62,775,883 57,410,529 35,020,610 25,119,887 20,702,484
Less: Cash and cash equivalents 1,927,865 1,584,908 1,434,610 1,234,409 1,015,994 1,404,382
Less: Marketable securities 1,315,294 1,123,100 1,059,912 746,063 723,391 1,475,936
Enterprise value (EV) 70,524,992 60,067,875 54,916,007 33,040,138 23,380,502 17,822,166

Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of KLA Corp. Annual Report.

3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 496.47 × 136,720,074

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. KLA Corp. EV increased from 2021 to 2022 and from 2022 to 2023.