Pegasus2008

MV is not just the MV of Equity, it is the Market value of all capital.

MV (in the sense of Market Value Added in Equity Topic)= MV equity + MV LTD (in this case, MV equity will implicity include minority interest since it is integrated into equity, and retained earnings as well).

EV = MV equity + MV LTD - cash - investments


whenever you say MV equity, you include common stock, prefs, minority interest, retained earnings, etc. When you say MV of common stock, your only pinpointing one.


You must make a distinction between MV equity and MV of common stock, they are not the same thing!