What does EV £m mean?
Enterprise Value (EV) represents Market Capitalization plus Net Debt, and is a truer reflection of the actual size of a company than Market Cap. More specifically Net Debt includes Total Debt, Minority Interest and Preferred Stock minus Cash and Equivalents.
This Enterprise Value is based on the latest available figures for Debt & Cash, i.e. interim figures if these have been published since the annuals.