# Enterprise Value Calculator

URL: https://speedycalculator.com/calculators/finance/enterprise-value/
Last updated: 2026-10-25

> The enterprise value calculator works out the total value of a business – what it would cost to buy the whole company – from market capitalisation plus debt, preferred shares and minority interest, minus cash.

## Inputs

- Market capitalisation
- Value of debt
- Preferred shares
- Minority interest
- Cash and cash equivalents

## Results

- Enterprise value
- Net debt
- Debt share of EV

## Formula

```
EV = market capitalisation + total debt + preferred shares + minority interest − cash and equivalents
```

## Explanation

Enterprise value is the takeover price of a business: a buyer must pay the shareholders and take on the debt, but gets the cash. It's the numerator of popular multiples like EV/EBITDA and EV/Sales.

### How to use the Enterprise Value Calculator

- **Market capitalisation**
- **Value of debt**
- **Preferred shares**
- **Minority interest**
- **Cash and cash equivalents**

Results update as you type, and every field accepts the units shown in its menu.

### How it works

Enter market capitalisation, debt, preferred shares, minority interest and cash.

### Tips

- Take figures from the same financial statements and the same fiscal year.
- Compare ratios with companies in the same industry, not across industries.
- Use several valuation measures together; no single ratio tells the whole story.
- Market prices change every second – refresh the share price before you rely on a result.

### Common mistakes to avoid

- Mixing per-share figures with company totals.
- Using trailing earnings for one company and forward earnings for another.
- Forgetting dilution from options and convertible securities.

### Inputs explained

FieldWhat to enterMarket capitalisationAmount in your currencyValue of debtAmount in your currencyPreferred sharesAmount in your currencyMinority interestAmount in your currencyCash and cash equivalentsAmount in your currency

### What each result means

- **Enterprise value** = [Market capitalisation] + [Value of debt] + [Preferred shares] + [Minority interest] - [Cash and cash equivalents]
- **Net debt** = [Value of debt] - [Cash and cash equivalents]
- **Debt share of EV** = [Value of debt]÷[Enterprise value]×100

### Example values

How the main result changes when **Market capitalisation** changes and everything else stays at the example values above:

Market capitalisationEnterprise value2,500,000,0003,500,000,0003,750,000,0004,750,000,0005,000,000,0006,000,000,0006,250,000,0007,250,000,0007,500,000,0008,500,000,00010,000,000,00011,000,000,000

## Worked example

Inputs — Market capitalisation: $5,000,000,000; Value of debt: $1,500,000,000; Preferred shares: $0; Minority interest: $100,000,000; Cash and cash equivalents: $600,000,000.

Results — **Enterprise value = $6,000,000,000.00**; Net debt = $900,000,000.00; Debt share of EV = 25 %.

## FAQ

**What is enterprise value?**
The value of a whole company, including debt and excluding cash.

**Why subtract cash?**
A buyer receives the cash, reducing the effective cost.

**Can EV be lower than market cap?**
Yes, when a company has more cash than debt.

**What formula does the Enterprise Value Calculator use?**
EV = market capitalisation + total debt + preferred shares + minority interest − cash and equivalents.


## Sources

- [Corporate Finance Institute – financial ratios](https://corporatefinanceinstitute.com/)