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

salesforce.com inc. (NYSE: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) $246.67
No. shares of common stock outstanding 910,000,000
US$ in millions
Common equity (market value)1 224,470 
Add: Preferred stock, $0.001 par value; none issued and outstanding (per books) — 
Total equity 224,470 
Add: Current portion of debt (per books) 4 
Add: Noncurrent debt, excluding current portion (per books) 2,673 
Total equity and debt 227,147 
Less: Cash and cash equivalents 4,145 
Less: Marketable securities 3,802 
Enterprise value (EV) 219,200 

Based on: 10-K (filing date: 2020-03-05).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 246.67 × 910,000,000

Historical Enterprise Value (EV)

salesforce.com inc., EV calculation

Microsoft Excel LibreOffice Calc
Jan 31, 2020 Jan 31, 2019 Jan 31, 2018 Jan 31, 2017 Jan 31, 2016 Jan 31, 2015
Share price1, 2 $169.60 $155.06 $127.41 $82.50 $70.49 $64.56
No. shares of common stock outstanding1 895,000,000 771,000,000 731,500,000 707,500,000 670,900,000 650,600,000
US$ in millions
Common equity (market value)3 151,792  119,551  93,200  58,369  47,292  42,003 
Add: Preferred stock, $0.001 par value; none issued and outstanding (book value) —  —  —  —  —  — 
Total equity 151,792  119,551  93,200  58,369  47,292  42,003 
Add: Current portion of debt (book value) 4  3  1,025  —  —  — 
Add: Noncurrent debt, excluding current portion (book value) 2,673  3,173  695  2,008  1,294  1,371 
Total equity and debt 154,469  122,727  94,920  60,377  48,586  43,373 
Less: Cash and cash equivalents 4,145  2,669  2,543  1,607  1,158  908 
Less: Marketable securities 3,802  1,673  1,978  602  183  87 
Enterprise value (EV) 146,522  118,385  90,398  58,168  47,244  42,378 

Based on: 10-K (filing date: 2020-03-05), 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).

1 Data adjusted for splits and stock dividends.

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

3 2020 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 169.60 × 895,000,000

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. salesforce.com inc.’s EV increased from 2018 to 2019 and from 2019 to 2020.