Intrinsic Value
Cenovus Energy Inc. (CVE)
$20.62
+0.07 (+0.34%)
| Enterprise Value | 184,594.34 |
|---|---|
| Net Debt | 7,718 |
| Equity Value | 176,876.34 |
| Shares Outstanding | 1,925.44 |
| Equity Value Per Share | 91.86 |
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