Intrinsic Value
DTE Energy Company JR SUB DB 2017 E (DTW)
$22.99
-0.10 (-0.43%)
| Enterprise Value | -12,097.37 |
|---|---|
| Net Debt | 20,919 |
| Equity Value | -33,016.37 |
| Shares Outstanding | 206 |
| Equity Value Per Share | -160.27 |
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