Intrinsic Value
Franklin Resources, Inc. (BEN)
$25.15
+0.13 (+0.52%)
| Enterprise Value | 14,163.35 |
|---|---|
| Net Debt | 7,350 |
| Equity Value | 6,813.35 |
| Shares Outstanding | 490.80 |
| Equity Value Per Share | 13.88 |
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