Enterprise Value Calculator

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

By Konstantin Iakovlev · Updated September 2026 · Source: SEC

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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

Enterprise value measures what a company is worth once its market capitalization, debt, and cash are all accounted for, and this calculator pulls those pieces together into one figure. Because it looks past equity alone, EV is the metric investors and analysts lean on when sizing up an acquisition or comparing businesses that carry very different mixes of debt and cash. Pinning down a company's EV supports cleaner valuation work alongside its earnings and revenue.

The formula is Market Capitalization + Total Debt - Cash & Cash Equivalents. Market cap stands in for the equity stake, adding total debt brings in every other source of financing, and subtracting cash recognizes that those balances could be used to retire debt. Put together, the result describes a company's value in a way that does not hinge on how it happens to be financed.

Accuracy depends on the inputs, so reach for the latest market cap, debt, and cash figures, since each can shift meaningfully from one reporting period to the next. It is easy to conflate enterprise value with market cap, but EV paints the fuller picture of total worth. When you interpret EV multiples, weigh them against the industry setting and the company's growth outlook rather than reading them in isolation.

Example: Valuing a Tech Company

  1. 1 Imagine a hypothetical tech company, 'InnovateCorp,' with a market capitalization of $150 billion, total debt of $20 billion and $10 billion in cash and cash equivalents.
  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 The calculator shows $160.00B. This figure represents the total value of the company, including both equity and debt, net of cash.
  4. 4 Open Valuation multiples and enter EBITDA and revenue for the same period, say $16 billion and $40 billion: EV/EBITDA is 10.0x ($160 billion / $16 billion) and EV/Revenue 4.0x ($160 billion / $40 billion). Compare these multiples with industry peers to assess InnovateCorp's relative valuation.

Source: SEC · Last updated: September 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. The calculator has fields for market cap, debt and cash only, so add any preferred stock and minority interest to the debt figure. 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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