Dell-VMWare Tracking Stock (XTER:12D) Enterprise Value: €14,038.71 Mil (As of Jul. 02, 2026) ***


What is Dell-VMWare Tracking Stock Enterprise Value?

Dell-VMWare Tracking Stock XTER:12D Enterprise Value is €14,038.71 Mil as of Jul. 02, 2026.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Dell-VMWare Tracking Stock's Enterprise Value is €14,038.71 Mil. Dell-VMWare Tracking Stock's EBIT for the trailing twelve months (TTM) ended in Oct. 2018 was €1,663.94 Mil. Therefore, Dell-VMWare Tracking Stock's EV-to-EBIT ratio for today is 8.44.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Dell-VMWare Tracking Stock's Enterprise Value is €14,038.71 Mil. Dell-VMWare Tracking Stock's EBITDA for the trailing twelve months (TTM) ended in Oct. 2018 was €1,663.94 Mil. Therefore, Dell-VMWare Tracking Stock's EV-to-EBITDA ratio for today is 8.44.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Dell-VMWare Tracking Stock's Enterprise Value is €14,038.71 Mil. Dell-VMWare Tracking Stock's Revenue for the trailing twelve months (TTM) ended in Oct. 2018 was €7,285.98 Mil. Therefore, Dell-VMWare Tracking Stock's EV-to-Revenue ratio for today is 1.93.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Dell-VMWare Tracking Stock's Enterprise Value is €14,038.71 Mil. Dell-VMWare Tracking Stock's Cash Flow from Operations for the trailing twelve months (TTM) ended in Oct. 2018 was €0.00 Mil. Therefore, Dell-VMWare Tracking Stock's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Dell-VMWare Tracking Stock's Enterprise Value is €14,038.71 Mil. Dell-VMWare Tracking Stock's Free Cash Flow for the trailing twelve months (TTM) ended in Oct. 2018 was €0.00 Mil. Therefore, Dell-VMWare Tracking Stock's EV-to-FCF ratio for today is .

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Dell-VMWare Tracking Stock  (XTER:12D) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Dell-VMWare Tracking Stock's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=14038.707/1663.944
=8.44

Dell-VMWare Tracking Stock's current Enterprise Value is €14,038.71 Mil.
Dell-VMWare Tracking Stock's EBIT for the trailing twelve months (TTM) ended in Oct. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,663.94 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Dell-VMWare Tracking Stock's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=14038.707/1663.944
=8.44

Dell-VMWare Tracking Stock's current Enterprise Value is €14,038.71 Mil.
Dell-VMWare Tracking Stock's EBITDA for the trailing twelve months (TTM) ended in Oct. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,663.94 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Dell-VMWare Tracking Stock's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=14038.707/7285.984
=1.93

Dell-VMWare Tracking Stock's current Enterprise Value is €14,038.71 Mil.
Dell-VMWare Tracking Stock's Revenue for the trailing twelve months (TTM) ended in Oct. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was €7,285.98 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Dell-VMWare Tracking Stock's EV-to-OCF for today is:


Dell-VMWare Tracking Stock's current Enterprise Value is €14,038.71 Mil.
Dell-VMWare Tracking Stock's Cash Flow from Operations for the trailing twelve months (TTM) ended in Oct. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Dell-VMWare Tracking Stock's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=14038.707/0
=

Dell-VMWare Tracking Stock's current Enterprise Value is €14,038.71 Mil.
Dell-VMWare Tracking Stock's Free Cash Flow for the trailing twelve months (TTM) ended in Oct. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dell-VMWare Tracking Stock Enterprise Value Related Terms


Dell-VMWare Tracking Stock Enterprise Value Historical Data

* Premium members only.

The historical data trend for Dell-VMWare Tracking Stock's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dell-VMWare Tracking Stock Enterprise Value Chart

Dell-VMWare Tracking Stock Annual Data
Trend Jan17 Jan18
Enterprise Value
0.00 0.00

Dell-VMWare Tracking Stock Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
Enterprise Value Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

XTER:12D vs CA, CTXS, PAGS: Enterprise Value Comparison

For the Software - Infrastructure subindustry, Dell-VMWare Tracking Stock's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dell-VMWare Tracking Stock Enterprise Value vs Software Industry

For the Software industry and Technology sector, Dell-VMWare Tracking Stock's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Dell-VMWare Tracking Stock's Enterprise Value falls into.



Dell-VMWare Tracking Stock Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Dell-VMWare Tracking Stock's Enterprise Value for the fiscal year that ended in Jan. 2018 is calculated as

Dell-VMWare Tracking Stock's Enterprise Value for the quarter that ended in Oct. 2018 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €14,038.71 Mil mean?
Dell-VMWare Tracking Stock (XTER:12D) has a Enterprise Value of €14,038.71 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Dell-VMWare Tracking Stock and its competitors.
Is Dell-VMWare Tracking Stock's Enterprise Value too high?
Dell-VMWare Tracking Stock's current Enterprise Value is €14,038.71 Mil.
How does Dell-VMWare Tracking Stock's Enterprise Value compare to CA and CTXS?
Dell-VMWare Tracking Stock's Enterprise Value of €14,038.71 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Software company?
A good Enterprise Value depends on the Software industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Dell-VMWare Tracking Stock and its competitors. Dell-VMWare Tracking Stock's current Enterprise Value is €14,038.71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dell-VMWare Tracking Stock stock overvalued right now?
Dell-VMWare Tracking Stock (XTER:12D) has a current Enterprise Value of €14,038.71 Mil. The current Enterprise Value is €14,038.71 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Dell-VMWare Tracking Stock (XTER:12D), the current Enterprise Value is €14,038.71 Mil as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Dell-VMWare Tracking Stock Business Description

Dell-VMWare Tracking Stock was incorporated in the state of Delaware on January 31, 2013 under the name of Denali Holding Inc. It changed its name to Dell Technologies Inc. on August 25, 2016. On September 7, 2016, a merger subsidiary of Dell Technologies merged with and into EMC Corporation, with EMC Corporation surviving the merger as a wholly-owned subsidiary of Dell Technologies. The company has issued a tracking stock to track the performance of a portion of Dell Technologies' economic interest in the VMware business. It is an information technology company. The company offers virtualization and cloud infrastructure solutions, which enable organizations to manage IT resources across complex multi-cloud, multi-device environments.