Intrinsic Value
Calumet Specialty Products Partners... (CLMT)
$17.28
+0.41 (+2.40%)
| Enterprise Value | -424.62 |
|---|---|
| Net Debt | 1,632.30 |
| Equity Value | -2,056.92 |
| Shares Outstanding | 79.34 |
| Equity Value Per Share | -25.93 |
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