Intrinsic Value

Equitrans Midstream Corporation (ETRN)

$9.83

+0.30 (+3.15%)

Enterprise Value -7,835.69
Net Debt 6,805.28
Equity Value -14,640.97
Shares Outstanding 343.98
Equity Value Per Share -42.56



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