Intrinsic Value

Covanta Holding Corporation (CVA)

$20.26

+0.02 (+0.10%)

Enterprise Value -1,936.25
Net Debt 2,484
Equity Value -4,420.25
Shares Outstanding 132
Equity Value Per Share -33.49



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