Intrinsic Value

Energy Transfer LP (ET)

$15.77

+0.24 (+1.55%)

Enterprise Value 106,252.30
Net Debt 53,061
Equity Value 53,191.30
Shares Outstanding 3,177.20
Equity Value Per Share 16.74



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