Intrinsic Value
Fortis Inc. (FTS)
$47.21
+0.40 (+0.85%)
| Enterprise Value | -18,934.06 |
|---|---|
| Net Debt | 25,816 |
| Equity Value | -44,750.06 |
| Shares Outstanding | 471.40 |
| Equity Value Per Share | -94.93 |
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