General Mills (NYSE:GIS) Enterprise Value

: $57,021 Mil (As of Today)

View and export this data going back to 1952. Start your Free Trial

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, General Mills's Enterprise Value is $57,021 Mil. General Mills's EBIT for the trailing twelve months (TTM) ended in Nov. 2022 was $3,418 Mil. Therefore, General Mills's EV-to-EBIT ratio for today is 16.68.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, General Mills's Enterprise Value is $57,021 Mil. General Mills's EBITDA for the trailing twelve months (TTM) ended in Nov. 2022 was $3,975 Mil. Therefore, General Mills's EV-to-EBITDA ratio for today is 14.34.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, General Mills's Enterprise Value is $57,021 Mil. General Mills's Revenue for the trailing twelve months (TTM) ended in Nov. 2022 was $19,367 Mil. Therefore, General Mills's EV-to-Revenue ratio for today is 2.94.

General Mills Enterprise Value Historical Data

The historical data trend for General Mills'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.

* Premium members only.

General Mills Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

May20

May21

May22

Enterprise Value

41,629.30

44,662.84

51,518.09

50,248.92

53,234.97

General Mills Quarterly Data
	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22
Enterprise Value																49,752.76	52,294.45	53,234.97	56,860.54	61,691.06

Competitive Comparison

For the Packaged Foods subindustry, General Mills'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.

Annual Data Quarterly Data

General Mills Enterprise Value Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, General Mills's Enterprise Value distribution charts can be found below:

* The bar in red indicates where General Mills's Enterprise Value falls in comparison to its industry or sector. The grey bar indicates the Enterprise Value's extreme value range as defined by GuruFocus.

General Mills 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.

General Mills's Enterprise Value for the fiscal year that ended in May. 2022 is calculated as

	Enterprise Value (A: May. 2022 )
=	Market Cap	+	Preferred Stock	+	Long-Term Debt & Capital Lease Obligation
=	41833.165	+	0	+	9383.1
+	Short-Term Debt & Capital Lease Obligation	+	Minority Interest	-	Cash, Cash Equivalents, Marketable Securities
+	2592.3	+	245.6	-	819.2
=	53,235

General Mills's Enterprise Value for the quarter that ended in Nov. 2022 is calculated as

	Enterprise Value (Q: Nov. 2022 )
=	Market Cap	+	Preferred Stock	+	Long-Term Debt & Capital Lease Obligation
=	50344.06	+	0	+	8622.5
+	Short-Term Debt & Capital Lease Obligation	+	Minority Interest	-	Cash, Cash Equivalents, Marketable Securities
+	3117.7	+	250.9	-	644.1
=	61,691

General Mills (NYSE:GIS) 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.

General Mills's EV-to-EBIT for today is

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	57020.879	/	3417.8
	=	16.68

General Mills's current Enterprise Value is $57,021 Mil.
General Mills's EBIT for the trailing twelve months (TTM) ended in Nov. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,418 Mil.

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

General Mills's EV-to-EBITDA for today is:

EV-to-EBITDA	=	Enterprise Value (Today)	/	EBITDA(TTM)
	=	57020.879	/	3975.1
	=	14.34

General Mills's current Enterprise Value is $57,021 Mil.
General Mills's EBITDA for the trailing twelve months (TTM) ended in Nov. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,975 Mil.

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

General Mills's EV-to-Revenue for today is:

EV-to-Revenue	=	Enterprise Value (Today)	/	Revenue (TTM)
	=	57020.879	/	19367.2
	=	2.94

General Mills's current Enterprise Value is $57,021 Mil.
General Mills's Revenue for the trailing twelve months (TTM) ended in Nov. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $19,367 Mil.

General Mills Enterprise Value Related Terms

Thank you for viewing the detailed overview of General Mills's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.

General Mills (NYSE:GIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » General Mills Inc (NYSE:GIS) » Definitions » Enterprise Value

Comparable Companies

Traded in Other Exchanges

GIS:Mexico 0R1X:UK GRM:Germany GRM:Germany GRM:Germany GIS:Switzerland G1MI34:Brazil GIS:Austria

Address

Number One General Mills Boulevard, Minneapolis, MN, USA, 55426

Website

https://www.generalmills.com

General Mills is a leading global packaged food company that produces snacks, cereal, convenient meals, yogurt, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Yoplait, Pillsbury, Betty Crocker, BLUE, and Haagen-Dazs. In fiscal 2021, 75% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. While most of General Mills' products are sold through retail stores to consumers, the company also sells products into the food-service channel and the commercial baking industry.

Executives

Thissen Karen Wilson	officer: General Counsel & Secretary	1098 AMERIPRISE FINANCIAL CENTER MINNEAPOLIS MN 55474
Gallagher Paul Joseph	officer: Chief Supply Chain Officer	1 GENERAL MILLS BLVD MINNEAPOLIS MN 55426
Montemayor Jaime	officer: Chief Technology Officer	NUMBER ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426
Pallot Mark A	officer: Chief Accounting Officer	NUMBER ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426
Jenkins Jo Ann	director	2211 SOUTH 47TH STREET PHOENIX AZ 85034
Mcnabb Dana M	officer: Group President	NUMBER ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426
Lempres Elizabeth Cahill	director	TWO COMMERCE SQUARE 2001 MARKET STREET, SUITE 3600 PHILADELPHIA PA 19103
Walker Sean N	officer: Group President	NUMBER ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426
Neal Diane L	director
Benson Jodi J	officer: Chief Innovation Officer	GENERAL MILLS, INC. ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426
Sastre Maria	director	C/O DARDEN RESTAURANTS, INC. 1000 DARDEN CENTER DRIVE ORLANDO FL 32837
Bishop William W Jr	officer: Group President	C/O BLUE BUFFALO PET PRODUCTS, INC. 11 RIVER ROAD WILTON CT 06897
Bruce Kofi A	officer: Vice President	GENERAL MILLS, INC. ONE GENERAL MILLS BLVD. MINNEAPOLIS MN 55426
Pollard Ivan	officer: Senior Vice President	GENERAL MILLS, INC. ONE GENERAL MILLS BLVD. MINNEAPOLIS MN 55426
Law Christina	officer: Group President	GENERAL MILLS, INC. ONE GENERAL MILLS BLVD. MINNEAPOLIS MN 55426