Enterprise Value (EV)
Current Enterprise Value (EV)
DuPont de Nemours Inc., current enterprise value calculation
| Current share price (P) | $53.10 |
| No. shares of common stock outstanding | 739,388,462 |
| US$ in millions | |
| Common equity (market value)1 | 39,262) |
| Add: Preferred stock, series A, $1.00 par (per books) | —) |
| Add: Non-redeemable noncontrolling interests (per books) | 569) |
| Total equity | 39,831) |
| Add: Short-term borrowings and finance lease obligations (per books) | 3,830) |
| Add: Long-term debt, excluding debt within one year (per books) | 13,617) |
| Total equity and debt | 57,278) |
| Less: Cash and cash equivalents | 1,540) |
| Less: Marketable securities | —) |
| Enterprise value (EV) | 55,738) |
Based on: 10-K (reporting date: 2019-12-31).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 53.10 × 739,388,462
Historical Enterprise Value (EV)
DuPont de Nemours Inc., EV calculation
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of DuPont de Nemours Inc. Annual Report.
3 2019 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 53.10 × 739,388,462
The financial trajectory between 2015 and 2019 is defined by a period of rapid expansion peaking in 2017, followed by a consistent contraction in valuation and capital structure through 2019.
- Enterprise Value (EV) Trends
- Enterprise value experienced significant growth from US$ 30,575 million in 2015 to a peak of US$ 77,054 million in 2017. This peak represents a more than twofold increase over a two-year period. Following 2017, a downward trend occurred, with the value declining to US$ 55,738 million by the end of 2019, reflecting a reduction in the overall market valuation of the entity's operations.
- Equity Valuation and Book Value
- The market value of common equity mirrored the trend of the enterprise value, rising sharply to US$ 55,780 million in 2017 before retreating to US$ 39,262 million by 2019. Total equity also reached its zenith in 2017 at US$ 57,377 million. By 2019, a convergence is observed between market value and total equity, with both figures settling near the US$ 39 billion mark, suggesting a normalization of valuation relative to book value following the 2017 peak.
- Capital Structure and Debt Influence
- A substantial increase in total equity and debt is observed in 2017, where the figure reached US$ 91,448 million. This was followed by a sharp decline to US$ 57,278 million by 2019. This significant reduction in the combined equity and debt figure indicates a substantial deleveraging or divestment process, which served as a primary driver for the decrease in enterprise value during the 2018 and 2019 fiscal years.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.
How can I help you?