Enterprise Value Calculator

Calculate enterprise value from market capitalization, total debt, preferred equity, minority interest, and cash.

Last reviewed May 27, 2026 by CalcMastery Editorial Team; Reviewed by CalcMastery Finance Review Team

Enterprise Value (EV) Calculator

Calculate Enterprise Value (EV) as Market Cap + Total Debt + Minority Interest + Preferred Equity − Cash & Cash Equivalents. Optionally compute Market Cap from Share Price × Shares Outstanding.

Direct Market CapShare Price × Shares
$

Market value of equity (Price × Shares). Use the latest market data if possible.

$

Current trading price per share.

Total common shares outstanding (basic). Use diluted if you prefer a more conservative figure.

$

Interest‑bearing debt (short‑term + long‑term).

$

Minority interest in consolidated subsidiaries, if applicable.

$

Preferred stock at market value, if applicable.

$

Cash and short‑term equivalents; subtracted from EV.

$

If provided, EV/EBITDA will be calculated.

Scenarios
Example profiles: Stable / High-Growth / Leveraged
Stable CompanyHigh-Growth CompanyLeveraged Company

Results

  • Enterprise Value (EV)$
  • Market Capitalization$
  • Net Debt$
  • EV/EBITDA—

Enter your inputs above to calculate the results.

Use this enterprise value calculator to estimate the full value of a company operations independent of capital structure. Enter market capitalization, debt, preferred equity, minority interest, and cash or cash equivalents. The calculator returns enterprise value for valuation multiples, acquisition analysis, debt-adjusted comparisons, and EV-based ratios such as EV/EBITDA and EV/Revenue.

What is Enterprise Value (EV)?

Enterprise value (EV) is the total value of a company’s operating business to all capital providers — equity holders, lenders, and other claim holders.

It represents the theoretical takeover price: the cost to acquire 100% of the company, assume its debt, and net out its available cash.

Because EV reflects the full capital structure, it’s the foundation for valuation multiples like EV/EBITDA and EV/Revenue, enabling cleaner comparisons than market cap alone.

Formula

EV = Market Capitalization + Total Debt + Preferred Equity + Minority Interest − Cash & Cash Equivalents

If you don’t have preferred equity or minority interest, use the simplified version:

EV = Market Capitalization + Total Debt − Cash & Cash Equivalents

Example

Suppose a company has:

  • Share price: $50
  • Shares outstanding: 100,000,000
  • Total debt: $800,000,000
  • Preferred equity: $0
  • Minority interest: $0
  • Cash & cash equivalents: $200,000,000
  1. Market Capitalization
Market Cap = 50 × 100,000,000 = 5,000,000,000
  1. Enterprise Value
EV = 5,000,000,000 + 800,000,000 − 200,000,000 = 5,600,000,000

Final EV: $5.6 billion

Related calculators and references

How to Use the Enterprise Value (EV) Calculator

Use this calculator to turn basic market and balance-sheet data into a clean Enterprise Value figure. Start by choosing how you want to provide market cap, then enter debt, cash, and other claims to instantly see EV, Market Capitalization, and Net Debt.

Choose the market cap input method

  • Select Direct Market Cap if you already know the company’s market capitalization; select Share Price × Shares if you only know the current share price and the number of shares outstanding.

Enter equity information

  • On Direct Market Cap, type the company’s Market Capitalization. On Share Price × Shares, input the current Share Price and Shares Outstanding so the tool can compute market cap for you.

Add debt, cash, and other capital structure items

    • Fill in Total Debt, Minority Interest (Non-controlling), Preferred Equity, and Cash & Cash Equivalents. The calculator uses:
Market Capitalization = Share Price × Shares Outstanding
Net Debt = Total Debt − Cash & Cash Equivalents
Enterprise Value = Market Capitalization + Total Debt + Preferred Equity + Minority Interest − Cash & Cash Equivalents

(Optional) Enter EBITDA

  • If you plan to use EV/EBITDA or similar multiples, enter the company’s EBITDA so you have the key building blocks for relative valuation alongside EV.

Review and use the results

  • Check the Results panel for Enterprise Value (EV), Market Capitalization, and Net Debt, then use the EV figure in your valuation models, comps tables, or deal analysis.

Frequently Asked Questions

These FAQs explain enterprise value, cash adjustments, debt treatment, and how EV differs from market capitalization.

How does this Enterprise Value Calculator compute EV from my inputs?

The calculator first takes the company’s equity value (either a direct Market Capitalization input or Share Price × Shares Outstanding) and then adds Total Debt, Preferred Equity, and Minority Interest (Non-controlling), while subtracting Cash & Cash Equivalents to return Enterprise Value (EV) and Net Debt.

What exactly should I include in Total Debt and Cash & Cash Equivalents for an accurate EV?

Use all interest-bearing short- and long-term borrowings (bank loans, bonds, notes, leases if you treat them as debt) for Total Debt, and only highly liquid items for Cash & Cash Equivalents (cash, bank balances, money-market funds, T-bills and similar near-cash securities).

Why is Enterprise Value more useful than market cap when analyzing or valuing a company?

EV adjusts equity value for leverage and excess cash, so it reflects the value of the entire business to both debt and equity holders and is therefore the right base for valuation multiples like EV/EBITDA, EV/Revenue, or takeover pricing.

Sources & Methodology