Market Cap and EV

1) In terms of Market Cap for EV, would you just use the market cap provided on Bloomberg? 

2) My underlying question is whether that market cap implicitly accounts for diluted shares?  

3) Or should I be adding those times the weighted option price, assuming ITM, into the market cop provided by bloomberg to show equity value?

4) How should I go about using an options schedule with weighted average price, especially if some are ITM and some are not, making the weighted average misleading?

Thank you.

5 Comments
 

Unless you’re doing an extensive valuation deck for a live M&A, I would just take market cap from CIQ/BBG directly. Or do NOSH * price. 
 

Depends on context eg. Cap raise vs. M&A etc.  Also not sure if worth spending 3h calculating options. If you wanted to do it though you could get it from latest statements (I would probably do it manually rather than from database) 

 

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