Intrinsic Value
Devon Energy Corporation (DVN)
$48.5901
+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