Intrinsic Value

Freehold Royalties Ltd. (FRU.TO)

$14.47

+0.19 (+1.33%)

Enterprise Value 2,961.71
Net Debt 126.20
Equity Value 2,835.51
Shares Outstanding 151.22
Equity Value Per Share 18.75



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