Stock Analysis on Net
Stock Analysis on Net
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Mondelēz International Inc. (NASDAQ:MDLZ)

Enterprise Value (EV)

Intermediate level

Current Enterprise Value (EV)

Mondelēz International Inc., current enterprise value calculation

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Current share price (P) $56.52
No. shares of common stock outstanding 1,428,338,344
US$ in millions
Common equity (market value)1 80,730 
Add: Noncontrolling interest (per books) 76 
Total equity 80,806 
Add: Short-term borrowings (per books) 2,638 
Add: Current portion of long-term debt (per books) 1,581 
Add: Long-term debt, excluding current portion (per books) 14,207 
Total equity and debt 99,232 
Less: Cash and cash equivalents 1,291 
Enterprise value (EV) 97,941 

Based on: 10-K (filing date: 2020-02-07).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 56.52 × 1,428,338,344

Historical Enterprise Value (EV)

Mondelēz International Inc., EV calculation

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Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Share price1, 2 $58.66 $46.90 $42.14 $45.38 $39.81
No. shares of common stock outstanding1 1,432,943,006 1,444,169,449 1,487,328,466 1,526,612,169 1,568,858,264
US$ in millions
Common equity (market value)3 84,056  67,732  62,676  69,278  62,456 
Add: Noncontrolling interest (book value) 76  76  80  54  88 
Total equity 84,132  67,808  62,756  69,332  62,544 
Add: Short-term borrowings (book value) 2,638  3,192  3,517  2,531  236 
Add: Current portion of long-term debt (book value) 1,581  2,648  1,163  1,451  605 
Add: Long-term debt, excluding current portion (book value) 14,207  12,532  12,972  13,217  14,557 
Total equity and debt 102,558  86,180  80,408  86,531  77,942 
Less: Cash and cash equivalents 1,291  1,100  761  1,741  1,870 
Enterprise value (EV) 101,267  85,080  79,647  84,790  76,072 

Based on: 10-K (filing date: 2020-02-07), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-24), 10-K (filing date: 2016-02-19).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Mondelēz International Inc.’s Annual Report.

3 2019 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 58.66 × 1,432,943,006

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. Mondelēz International Inc.’s EV increased from 2017 to 2018 and from 2018 to 2019.