Intrinsic Value
Canadian Natural Resources Limited (CNQ.TO)
$106.52
+0.84 (+0.79%)
Enterprise Value | 157,879.80 |
---|---|
Net Debt | 11,477 |
Equity Value | 146,402.80 |
Shares Outstanding | 1,102.12 |
Equity Value Per Share | 132.84 |
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