This calculator estimates how much Xiaomi is worth based on the combined value of the company’s hardware and internet businesses. The hardware division consists of smartphones, internet of things and lifestyle products, and repair services for Xiaomi’s products. Internet services includes online advertising, mobile games, subscriptions for premium content, live-streaming, and online financial services.

To value each business, there are three main inputs: how fast revenue can grow in 2018, the net profit margin, and a price-to-earnings multiple. All calculations are based on the company’s 2017 financial statements.

Xiaomi’s final valuation is the sum of the two parts.

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