Intrinsic Value

Crestwood Equity Partners LP (CEQP)

$25.01

+0.26 (+1.05%)

Enterprise Value 15,675.39
Net Debt 3,401
Equity Value 12,274.39
Shares Outstanding 99
Equity Value Per Share 123.98



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