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