Intrinsic Value

British American Tobacco p.l.c. (BTI)

$29.81

+0.01 (+0.03%)

Enterprise Value 313,280.86
Net Debt 37,367
Equity Value 275,913.86
Shares Outstanding 2,229
Equity Value Per Share 123.78



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