Intrinsic Value
Holly Energy Partners, L.P. (HEP)
$20.45
-0.16 (-0.78%)
| Enterprise Value | 4,582.52 |
|---|---|
| Net Debt | 1,615.01 |
| Equity Value | 2,967.52 |
| Shares Outstanding | 105.44 |
| Equity Value Per Share | 28.14 |
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