Enterprise Value (EV)
Current Enterprise Value (EV)
Zoetis Inc., current enterprise value calculation
Current share price (P) | $163.33 |
No. shares of common stock outstanding | 475,267,819 |
US$ in millions | |
Common equity (market value)1 | 77,625 |
Add: Equity attributable to noncontrolling interests (per books) | — |
Total equity | 77,625 |
Add: Short-term borrowings (per books) | — |
Add: Current portion of long-term debt (per books) | 500 |
Add: Long-term debt, net of discount and issuance costs, excluding current portion (per books) | 5,947 |
Total equity and debt | 84,072 |
Less: Cash and cash equivalents | 1,934 |
Less: Short-term investments | — |
Enterprise value (EV) | 82,138 |
Based on: 10-K (filing date: 2020-02-13).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 163.33 × 475,267,819
Historical Enterprise Value (EV)
Zoetis Inc., EV calculation
Based on: 10-K (filing date: 2020-02-13), 10-K (filing date: 2019-02-14), 10-K (filing date: 2018-02-15), 10-K (filing date: 2017-02-16), 10-K (filing date: 2016-02-24).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of Zoetis Inc.’s Annual Report.
3 2019 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 144.94 × 474,933,945
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. | Zoetis Inc.’s EV increased from 2017 to 2018 and from 2018 to 2019. |