← Back to Glossary

Enterprise Value (EV)

Definition

The total value of a business including both equity and debt, minus cash. Calculated as market capitalisation plus total debt minus cash and equivalents. EV provides a more complete picture of a company's worth than market cap alone and is used as the numerator in EV-based valuation multiples.

Related Terms

Earnback Period Earnout EBITDA EBITDA Margin Economic Obsolescence

Put this knowledge to work

Use Opagio's free tools to measure and grow the intangible assets that drive your business value.

Try the Free Calculator