Intrinsic Value

China Eastern Airlines Corporation ... (CEA)

$20.09

+0.50 (+2.55%)

Enterprise Value 204,733.72
Net Debt 181,844
Equity Value 22,889.72
Shares Outstanding 335.91
Equity Value Per Share 68.14



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