Intrinsic Value

Air France-KLM SA (AF.PA)

9.638 €

-0.43 (-4.29%)

Enterprise Value -249,825.77
Net Debt 8,526
Equity Value -258,351.77
Shares Outstanding 196.88
Equity Value Per Share -1,312.25



Because investors are more interested in the value of the company’s shares alone, we’ll deduct net debt from this value to arrive at a fair value of the company’s equity. Fair Value = Enterprise Value – Debt