Intrinsic Value
Devon Energy Corporation (DVN)
$52.1
-0.47 (-0.89%)
| Enterprise Value | 30,858.21 |
|---|---|
| Net Debt | 5,608 |
| Equity Value | 25,250.21 |
| Shares Outstanding | 642 |
| Equity Value Per Share | 39.33 |
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