🏦 企业价值（EV）计算器Enterprise Value Calculator
企业价值 EV = 股权市值 + 总债务 + 优先股 + 少数股东权益 − 现金及等价物；可同时计算 EV/EBITDA 和 EV/营收倍数。Enterprise value EV = market cap + total debt + preferred stock + minority interest − cash and equivalents, with EV/EBITDA and EV/revenue multiples.
使用说明与常见问题How-to & FAQ
「企业价值（EV）计算器」是什么？What is the Enterprise Value Calculator tool?
企业价值 EV = 股权市值 + 总债务 + 优先股 + 少数股东权益 − 现金及等价物；可同时计算 EV/EBITDA 和 EV/营收倍数。Enterprise value EV = market cap + total debt + preferred stock + minority interest − cash and equivalents, with EV/EBITDA and EV/revenue multiples.
如何使用「企业价值（EV）计算器」？How do I use the Enterprise Value Calculator tool?
在「企业价值（EV）计算器」中，填写「流通股数（百万股）」、「股价 $」、「总债务（百万 $）」、「优先股（百万 $）」、「少数股东权益（百万 $）」等参数，结果会随输入实时计算并显示在下方。In the Enterprise Value Calculator: Fill in "Shares outstanding (millions)", "Share price $", "Total debt ($ millions)", "Preferred stock ($ millions)", "Minority interest ($ millions)"; results are recalculated instantly as you type.
为什么要减去现金？Why is cash subtracted?
EV 衡量收购整个企业的成本：买方要承担债务，但也会得到公司的现金，所以现金可抵扣收购成本。EV approximates the cost of buying the whole business: the buyer takes on the debt but also gets the company's cash, which offsets the price.
EV/EBITDA 有什么用？What is EV/EBITDA used for?
它不受资本结构和折旧政策影响，常用来比较同行业公司的估值高低。倍数越高，市场对每单位经营利润给的价格越高。It ignores capital structure and depreciation policy, so it is widely used to compare companies in the same industry. A higher multiple means the market pays more per unit of operating profit.
计算结果可以作为最终依据吗？Can I rely on the result?
「企业价值（EV）计算器」按标准公式计算，结果仅供参考；实际金额以银行、券商或税务机关的规则和四舍五入方式为准。The Enterprise Value Calculator uses standard formulas and is for estimation only; actual figures depend on your bank, broker or tax authority's rules and rounding.
「企业价值（EV）计算器」免费吗？需要注册吗？Is the Enterprise Value Calculator free? Do I need an account?
「企业价值（EV）计算器」完全免费，无需注册或安装，打开网页即可使用，手机和电脑都能用；输入的内容只在你的浏览器本地处理。The Enterprise Value Calculator is completely free with no sign-up or install and works on phones and desktops; what you enter is processed only in your browser.