Microsoft Excel LibreOffice Calc

salesforce.com inc. (CRM)


Enterprise Value (EV)

Intermediate level


Current Enterprise Value (EV)

salesforce.com inc., current enterprise value calculation

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Current share price (P) $161.13
No. shares of common stock outstanding 887,000,000
US$ in millions
Common equity (market value)1 142,922 
Add: Preferred stock, $0.001 par value; none issued and outstanding (per books) — 
Total equity 142,922 
Add: Current portion of debt (per books)
Add: Noncurrent debt, excluding current portion (per books) 3,173 
Total equity and debt 146,098 
Less: Cash and cash equivalents 2,669 
Less: Marketable securities 1,673 
Enterprise value (EV) 141,756 

Based on: 10-K (filing date: 2019-03-08).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 161.13 × 887,000,000


Historical Enterprise Value (EV)

salesforce.com inc., EV calculation

Microsoft Excel LibreOffice Calc
Jan 31, 2019 Jan 31, 2018 Jan 31, 2017 Jan 31, 2016 Jan 31, 2015 Jan 31, 2014
Share price1, 2 $155.06 $127.41 $82.50 $70.49 $64.56 $63.68
No. shares of common stock outstanding1 771,000,000 731,500,000 707,500,000 670,900,000 650,600,000 610,100,000
US$ in millions
Common equity (market value)3 119,551  93,200  58,369  47,292  42,003  38,851 
Add: Preferred stock, $0.001 par value; none issued and outstanding (book value) —  —  —  —  —  — 
Total equity 119,551  93,200  58,369  47,292  42,003  38,851 
Add: Current portion of debt (book value) 1,025  —  —  —  572 
Add: Noncurrent debt, excluding current portion (book value) 3,173  695  2,008  1,294  1,371  1,302 
Total equity and debt 122,727  94,920  60,377  48,586  43,373  40,725 
Less: Cash and cash equivalents 2,669  2,543  1,607  1,158  908  782 
Less: Marketable securities 1,673  1,978  602  183  87  57 
Enterprise value (EV) 118,385  90,398  58,168  47,244  42,378  39,886 

Based on: 10-K (filing date: 2019-03-08), 10-K (filing date: 2018-03-09), 10-K (filing date: 2017-03-06), 10-K (filing date: 2016-03-07), 10-K (filing date: 2015-03-06), 10-K (filing date: 2014-03-05).

1 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of salesforce.com inc.’s Annual Report.

3 2019 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 155.06 × 771,000,000

1 Data adjusted for splits and stock dividends.
2

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. salesforce.com inc.’s EV increased from 2017 to 2018 and from 2018 to 2019.