Intrinsic Value

Alliance Resource Partners, L.P. (ARLP)

$21.11

-0.08 (-0.38%)

Enterprise Value 3,584.15
Net Debt 291.01
Equity Value 3,293.14
Shares Outstanding 127.18
Equity Value Per Share 25.89



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