Stock Analysis on Net

NXP Semiconductors N.V. (NASDAQ:NXPI)

This company has been moved to the archive! The financial data has not been updated since July 26, 2022.

Enterprise Value (EV) 

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Current Enterprise Value (EV)

NXP Semiconductors N.V., current enterprise value calculation

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Current share price (P) $174.46
No. shares of common stock outstanding 262,598,471
US$ in millions
Common equity (market value)1 45,813
Add: Preferred stock, par value €0.20 per share; none issued (per books)
Add: Non-controlling interests (per books) 242
Total equity 46,055
Add: Short-term debt (per books)
Add: Long-term debt (per books) 10,572
Total equity and debt 56,627
Less: Cash and cash equivalents 2,830
Enterprise value (EV) 53,797

Based on: 10-K (reporting date: 2021-12-31).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 174.46 × 262,598,471


Historical Enterprise Value (EV)

NXP Semiconductors N.V., EV calculation

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Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Share price1, 2 $191.42 $178.52 $114.64 $94.25 $115.88
No. shares of common stock outstanding1 262,538,156 277,008,199 279,750,659 292,789,698 342,924,392
US$ in millions
Common equity (market value)3 50,255 49,452 32,071 27,595 39,738
Add: Preferred stock, par value €0.20 per share; none issued (book value)
Add: Non-controlling interests (book value) 242 207 214 185 189
Total equity 50,497 49,659 32,285 27,780 39,927
Add: Short-term debt (book value) 1,107 751
Add: Long-term debt (book value) 10,572 7,609 7,365 6,247 5,814
Total equity and debt 61,069 57,268 39,650 35,134 46,492
Less: Cash and cash equivalents 2,830 2,275 1,045 2,789 3,547
Enterprise value (EV) 58,239 54,993 38,605 32,345 42,945

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of NXP Semiconductors N.V. Annual Report.

3 2021 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 191.42 × 262,538,156

Common Equity (Market Value)
The common equity market value experienced a significant decline from US$39,738 million in 2017 to US$27,595 million in 2018. Following this drop, it showed a recovery trend, increasing steadily to US$50,255 million by the end of 2021. This suggests a period of initial market valuation contraction, followed by renewed investor confidence and growth over the subsequent three years.
Total Equity
Total equity mirrored the trend in common equity, decreasing from US$39,927 million in 2017 to US$27,780 million in 2018, then rising consistently each year to reach US$50,497 million at the end of 2021. The parallel movement between total equity and common equity indicates consistent shareholder equity changes and no significant alterations in preferred equity or other equity instruments during this period.
Total Equity and Debt
The combined total of equity and debt increased from US$46,492 million in 2017 to US$61,069 million by the end of 2021. While 2018 saw a drop to US$35,134 million, the overall upward trajectory from 2018 onwards reflects an expansion in the company's capital structure, potentially indicating increased leverage or debt financing alongside equity growth.
Enterprise Value (EV)
Enterprise value followed a similar pattern, decreasing from US$42,945 million in 2017 to US$32,345 million in 2018. From 2018 onwards, EV increased steadily, reaching US$58,239 million in 2021. This growth signals a rising market valuation of the company’s operational worth, factoring in both debt and equity components, consistent with the increase in total capital invested.
Overall Trends and Insights
The data reveals a notable dip across all key financial parameters in 2018, suggesting a period of reduced market and possibly operational performance or a sector-wide impact affecting valuation. Thereafter, the company demonstrates a strong recovery and growth phase through 2021, indicated by rising equity market values, increasing total equity, expanding capital structure, and escalating enterprise value. The parallel growth in enterprise value and total equity and debt highlights balanced capital expansion, supporting an optimistic future outlook grounded in increased market and operational value.