Intrinsic Value

Aon plc (AON)

$304.79

-4.04 (-1.31%)

Enterprise Value 62,038.62
Net Debt 11,254
Equity Value 50,784.62
Shares Outstanding 205
Equity Value Per Share 247.73



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