Enterprise Value Calculator

Calculate EV from market cap, debt, and cash. See EV/EBITDA and EV/Revenue.
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Enterprise Value

$5.40B

EV Calculation

Market Cap$5.00B
+ Total Debt$1.20B
- Cash$800.0M
Enterprise Value$5.40B

Use the Enterprise Value Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

How It Works

Our Enterprise Value Calculator helps you determine a company's total value, considering its market capitalization, debt, and cash. This comprehensive metric is crucial for investors and analysts to assess a company's true worth, especially when considering acquisitions or comparing companies with different capital structures. For instance, understanding a company's EV in 2026 allows for more accurate valuation alongside projected earnings and revenue growth.

Enterprise Value (EV) is calculated as Market Capitalization + Total Debt - Cash & Cash Equivalents. Market Capitalization represents the equity value, while adding debt accounts for all financing, and subtracting cash reflects assets that could be used to pay off debt. This formula provides a holistic view of a company's value, independent of its capital structure.

When using this calculator, be sure to use the most up-to-date figures for market cap, debt, and cash, as these can fluctuate significantly. A common mistake is to confuse Enterprise Value with Market Cap; remember that EV offers a more complete picture of a company's total value. Always consider the industry context and growth prospects when interpreting EV multiples.

Example: Valuing a Tech Company in 2026

  1. 1 Imagine a hypothetical tech company, 'InnovateCorp,' in early 2026. Its current market capitalization is reported as $150 billion. InnovateCorp has total debt outstanding of $20 billion and holds $10 billion in cash and cash equivalents on its balance sheet.
  2. 2 Using the formula: EV = Market Cap + Debt - Cash. EV = $150 billion + $20 billion - $10 billion. This results in an Enterprise Value of $160 billion for InnovateCorp.
  3. 3 InnovateCorp's Enterprise Value is calculated to be $160 billion. This figure represents the total value of the company, including both equity and debt, net of cash.
  4. 4 If InnovateCorp's projected EBITDA for 2026 is $16 billion, its EV/EBITDA ratio would be 10x ($160 billion / $16 billion). If its projected revenue for 2026 is $40 billion, its EV/Revenue ratio would be 4x ($160 billion / $40 billion). These multiples can then be compared to industry peers to assess InnovateCorp's relative valuation.

Source: SEC · Last updated: April 2026

Frequently Asked Questions

What is enterprise value and why does it matter?
Enterprise value (EV) represents the total cost to acquire a company: market cap plus total debt minus cash. It matters because it accounts for a company's capital structure, making it a better comparison metric than market cap alone when evaluating companies with different debt levels.
How do I calculate enterprise value?
EV = market capitalization + total debt + preferred stock + minority interest - cash and cash equivalents. For example, a company with a $10 billion market cap, $3 billion debt, and $1 billion cash has an EV of $12 billion.
What is a good EV/EBITDA ratio?
The typical EV/EBITDA ratio ranges from 8-15x for most industries. Below 10x may indicate an undervalued company, while above 15x suggests premium valuation or high growth expectations. Capital-intensive industries tend to trade at lower multiples.

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