Intrinsic Value
Franco-Nevada Corporation (FNV.TO)
$166.12
+3.12 (+1.91%)
| Enterprise Value | 19,079.69 |
|---|---|
| Net Debt | -1,421.90 |
| Equity Value | 20,501.59 |
| Shares Outstanding | 192.30 |
| Equity Value Per Share | 106.61 |
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