Enterprise Value (EV)
Current Enterprise Value (EV)
Oracle Corp., current enterprise value calculation
|Current share price (P)||$87.69|
|No. shares of common stock outstanding||2,792,000,000|
|US$ in millions|
|Common equity (market value)1||244,830|
|Add: Preferred stock, $0.01 par value; outstanding: none (per books)||—|
|Add: Noncontrolling interests (per books)||714|
|Add: Notes payable, current (per books)||8,250|
|Add: Notes payable and other borrowings, non-current (per books)||75,995|
|Total equity and debt||329,789|
|Less: Cash and cash equivalents||30,098|
|Less: Marketable securities||16,456|
|Enterprise value (EV)||283,235|
Based on: 10-K (filing date: 2021-06-21).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 87.69 × 2,792,000,000
Historical Enterprise Value (EV)
Oracle Corp., EV calculation
Based on: 10-K (filing date: 2021-06-21), 10-K (filing date: 2020-06-22), 10-K (filing date: 2019-06-21), 10-K (filing date: 2018-06-22), 10-K (filing date: 2017-06-27), 10-K (filing date: 2016-06-22).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of Oracle Corp.’s Annual Report.
3 2021 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 77.99 × 2,792,000,000
|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.||Oracle Corp.’s EV decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.|