Intrinsic Value
Franco-Nevada Corporation (FNV.TO)
$199.77
+5.60 (+2.88%)
| Enterprise Value | 1,784.54 |
|---|---|
| Net Debt | -1,196.50 |
| Equity Value | 2,981.04 |
| Shares Outstanding | 190.55 |
| Equity Value Per Share | 15.64 |
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