Enterprise Value Calculations
I'm curious what is going into SA's Enterprise Value calculations for each stock. I'm doing a comps analysis for an article, but it appears the EV totals are not matching up with the standard (Market Value + Debt +Minority Interest + Preferred Stock)-(Cash & Cash Equivalent) calculation. Are other types of liabilities such as capital leases/similar obligations being added to the EV?
Yes, I agree, from what I can tell, the EV number is flat out wrong for many stocks. Look at WING (Wingstop, inc.) today. 1.4B market cap + 140M of debt and 9m of cash = 1.54B Enterprise value.
The key data section shows 1.1B EV.
Here is a screenshot: