Intrinsic Value

Heineken Holding N.V. (HEIO.AS)

74.15 €

+0.40 (+0.54%)

Enterprise Value 24,804.83
Net Debt 13,625
Equity Value 11,179.83
Shares Outstanding 288.03
Equity Value Per Share 38.81

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