Intrinsic Value

Empire State Realty Trust, Inc. (ESRT)


+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