Best Buy Co. Inc., current enterprise value calculation

Current share price (P)	$83.28
No. shares of common stock outstanding	221,264,454
US$ in millions
Common equity (market value)¹	18,427)
Add: Preferred stock, $1.00 par value; none issued and outstanding (per books)	—)
Total equity	18,427)
Add: Short-term debt (per books)	—)
Add: Current portion of long-term debt (per books)	13)
Add: Long-term debt, excluding current portion (per books)	1,216)
Total equity and debt	19,656)
Less: Cash and cash equivalents	2,936)
Less: Short-term investments	—)
Enterprise value (EV)	16,720)

¹ Common equity (market value) = Share price × No. shares of common stock outstanding
= 83.28 × 221,264,454

Best Buy Co. Inc., EV calculation

	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020	Feb 2, 2019	Feb 3, 2018	Jan 28, 2017
Share price^1, 2	$101.84	$118.19	$50.69	$71.10	$68.92	$44.85
No. shares of common stock outstanding¹	225,227,756	250,044,876	256,971,220	267,804,388	282,713,593	309,110,840
US$ in millions
Common equity (market value)³	22,937)	29,553)	13,026)	19,041)	19,485)	13,864)
Add: Preferred stock, $1.00 par value; none issued and outstanding (book value)	—)	—)	—)	—)	—)	—)
Total equity	22,937)	29,553)	13,026)	19,041)	19,485)	13,864)
Add: Short-term debt (book value)	—)	110)	—)	—)	—)	—)
Add: Current portion of long-term debt (book value)	13)	14)	14)	56)	544)	44)
Add: Long-term debt, excluding current portion (book value)	1,216)	1,253)	1,257)	1,332)	811)	1,321)
Total equity and debt	24,166)	30,930)	14,297)	20,429)	20,840)	15,229)
Less: Cash and cash equivalents	2,936)	5,494)	2,229)	1,980)	1,101)	2,240)
Less: Short-term investments	—)	—)	—)	—)	2,032)	1,681)
Enterprise value (EV)	21,230)	25,436)	12,068)	18,449)	17,707)	11,308)

¹ Data adjusted for splits and stock dividends.

² Closing price as at the filing date of Best Buy Co. Inc. Annual Report.

³ 2022 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 101.84 × 225,227,756

Download chart

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.	Best Buy Co. Inc. EV increased from 2020 to 2021 but then slightly decreased from 2021 to 2022.

Best Buy Co. Inc. (NYSE:BBY)

Enterprise Value (EV)