Intrinsic Value
CMS Energy Corporation (CMS)
$59.34
-1.14 (-1.88%)
| Enterprise Value | -34,740.51 |
|---|---|
| Net Debt | 15,416 |
| Equity Value | -50,156.51 |
| Shares Outstanding | 291.70 |
| Equity Value Per Share | -171.95 |
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