Intrinsic Value

Devon Energy Corporation (DVN)


+1.59 (+3.38%)

Enterprise Value -78,141.44
Net Debt 5,243
Equity Value -83,384.44
Shares Outstanding 679
Equity Value Per Share -122.80

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