Intrinsic Value
Canadian Natural Resources Limited (CNQ.TO)
$77.73
+0.70 (+0.91%)
| Enterprise Value | 115,757.18 |
|---|---|
| Net Debt | 13,950 |
| Equity Value | 101,807.18 |
| Shares Outstanding | 1,186.56 |
| Equity Value Per Share | 85.80 |
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