Intrinsic Value
Empire State Realty Trust, Inc. (ESRT)
$6.31
+0.26 (+4.30%)
| Enterprise Value | 674.54 |
|---|---|
| Net Debt | 2,010.37 |
| Equity Value | -1,335.83 |
| Shares Outstanding | 269.95 |
| Equity Value Per Share | -4.95 |
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