Intrinsic Value
Calumet Specialty Products Partners... (CLMT)
$15.58
-0.62 (-3.83%)
| Enterprise Value | -215.36 |
|---|---|
| Net Debt | 2,175.70 |
| Equity Value | -2,391.06 |
| Shares Outstanding | 80.08 |
| Equity Value Per Share | -29.86 |
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