Intrinsic Value
Delta Air Lines, Inc. (DAL)
$49.92
+0.04 (+0.08%)
| Enterprise Value | -147,818.68 |
|---|---|
| Net Debt | 24,540 |
| Equity Value | -172,358.68 |
| Shares Outstanding | 643 |
| Equity Value Per Share | -268.05 |
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