Intrinsic Value

Ardagh Group S.A. (ARD)

$24.75

+0.63 (+2.61%)

Enterprise Value 169,654.10
Net Debt 5,317
Equity Value 164,337.10
Shares Outstanding 236.40
Equity Value Per Share 695.17



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