Enterprise Value (EV)
Current Enterprise Value (EV)
Monsanto Co., current enterprise value calculation
| Current share price (P) | $118.05 |
| No. shares of common stock outstanding | 441,283,987 |
| US$ in millions | |
| Common equity (market value)1 | 52,094) |
| Add: Noncontrolling interest (per books) | 20) |
| Total equity | 52,114) |
| Add: Short-term debt, including current portion of long-term debt (per books) | 870) |
| Add: Long-term debt, excluding current portion (per books) | 7,254) |
| Total equity and debt | 60,238) |
| Less: Cash and cash equivalents | 1,856) |
| Less: Short-term investments | 8) |
| Enterprise value (EV) | 58,374) |
Based on: 10-K (reporting date: 2017-08-31).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 118.05 × 441,283,987
Historical Enterprise Value (EV)
Monsanto Co., EV calculation
Based on: 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-31).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of Monsanto Co. Annual Report.
3 2017 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 121.52 × 440,199,969
- Common Equity (Market Value)
- The common equity shows an overall increasing trend from 2012 to 2017, rising from 47,414 million US dollars in 2012 to 53,493 million US dollars in 2017. However, there is a notable dip in 2015 where the value decreased significantly to 41,226 million US dollars before recovering in subsequent years.
- Total Equity
- Total equity follows a pattern similar to common equity, starting at 47,617 million US dollars in 2012 and ending at 53,513 million US dollars in 2017. A substantial decline occurs in 2015, mirroring the dip observed in common equity, with total equity dropping to 41,241 million US dollars before increasing again in the following years.
- Total Equity and Debt
- The combined total of equity and debt demonstrates a general increase over the period, from 49,691 million US dollars in 2012 to 61,637 million US dollars in 2017. Unlike equity alone, this metric shows a steady rise except for a decrease in 2015, where the value fell to 50,285 million US dollars. Post-2015, there is a clear upward trend, suggesting growth in capital structure.
- Enterprise Value (EV)
- Enterprise value exhibits an overall positive trend from 2012 through 2017, growing from 46,106 million US dollars to 59,773 million US dollars. There is a decrease in 2015 to 46,537 million US dollars, correlating with the declines in equity and total capital. After 2015, enterprise value recovers and continues to rise, indicating enhanced valuation despite earlier dips.
- Summary of Trends
- The data indicates a consistent pattern across all key financial metrics with a pronounced downturn in 2015. Before 2015, there was steady growth in equity, combined capital, and enterprise value. The decline in 2015 may reflect operational, market, or structural challenges faced during that period. The recovery seen from 2016 onwards suggests a return to growth and improved financial health. Overall, the firm demonstrates resilience and an upward trajectory in market valuation and capital structure over the six-year period, notwithstanding the mid-cycle contraction.