Intrinsic Value
Canadian Natural Resources Limited (CNQ)
$77.07
+0.30 (+0.39%)
| Enterprise Value | 164,584.79 |
|---|---|
| Net Debt | 11,477 |
| Equity Value | 153,107.79 |
| Shares Outstanding | 1,102.12 |
| Equity Value Per Share | 138.92 |
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