Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

General Electric Co. (NYSE:GE)

Enterprise Value (EV)

Intermediate level

Current Enterprise Value (EV)

General Electric Co., current enterprise value calculation

Microsoft Excel LibreOffice Calc
Current share price (P) $13.26
No. shares of common stock outstanding 8,778,641,000
US$ in millions
Common equity (market value)1 116,405 
Add: Preferred stock (per books)
Add: Noncontrolling interests (per books) 1,521 
Total equity 117,932 
Add: Short-term borrowings (per books) 4,778 
Add: Long-term borrowings (per books) 70,288 
Total equity and debt 192,998 
Less: Cash, cash equivalents and restricted cash 36,630 
Less: Investment securities 7,319 
Enterprise value (EV) 149,049 

Based on: 10-K (filing date: 2021-02-12).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 13.26 × 8,778,641,000


Historical Enterprise Value (EV)

General Electric Co., EV calculation

Microsoft Excel LibreOffice Calc
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Share price1, 2 $11.73 $11.86 $10.66 $14.49 $30.19
No. shares of common stock outstanding1 8,767,942,000 8,740,232,000 8,705,080,100 8,682,576,000 8,724,783,000
US$ in millions
Common equity (market value)3 102,848  103,659  92,796  125,811  263,401 
Add: Preferred stock (book value)
Add: Noncontrolling interests (book value) 1,521  1,545  20,500  17,723  1,662 
Total equity 104,375  105,210  113,302  143,540  265,069 
Add: Short-term borrowings (book value) 4,778  23,727  14,724  26,016  31,131 
Add: Long-term borrowings (book value) 70,288  67,155  95,234  108,575  105,080 
Total equity and debt 179,441  196,092  223,260  278,131  401,280 
Less: Cash, cash equivalents and restricted cash 36,630  36,394  35,020  43,299  48,129 
Less: Investment securities 7,319  9,888  —  —  — 
Enterprise value (EV) 135,492  149,810  188,240  234,832  353,151 

Based on: 10-K (filing date: 2021-02-12), 10-K (filing date: 2020-02-24), 10-K (filing date: 2019-02-26), 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-02-24).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of General Electric Co.’s Annual Report.

3 2020 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 11.73 × 8,767,942,000

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. General Electric Co.’s EV decreased from 2018 to 2019 and from 2019 to 2020.