Stock Return Calculator

Estimate a company's annual return from its normalized cash flow and enterprise value, then see how the return changes if the share price falls.

Company

Company name

As-of date

Enter all values in

Tip: most financial statements are easiest entered in Millions. All inputs use this same unit.

Enter each as a positive number — the calculator adds or deducts it automatically (shown by the tag).

Operating Cash Flow ADDED

Cash generated by the business's operations

Stock-Based Compensation DEDUCTED

A real economic cost to shareholders — deducted

Interest / Investment Income DEDUCTED

Non-operating income — backed out

Interest Paid ADDED

Added back (the debt it relates to is included in Enterprise Value)

Capital Expenditures (CapEx) DEDUCTED

Cash spent on property/equipment — deducted

Growth CapEx ADDED

Portion of CapEx spent on growth (not upkeep) — added back

Add your own items to add back or deduct, each with a description. They flow into the results and the Excel/PDF downloads.

Enter each as a positive number. Enterprise Value = Market Cap − Cash + Debt.

Market Capitalization ADDED

Share price × shares outstanding

Cash & Equivalents SUBTRACTED

Subtracted (a buyer effectively gets the cash)

Total Debt ADDED

Added (a buyer assumes the debt)

If you expect annual earnings/cash-flow growth, enter it to see a "with growth" return on top of the conservative base.

Expected annual growth (%)