Intrinsic Value

Heineken Holding N.V. (HEIO.AS)

70.2 €

+0.40 (+0.57%)

Enterprise Value 19,940.38
Net Debt 13,625
Equity Value 6,315.38
Shares Outstanding 288.03
Equity Value Per Share 21.93

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