Intrinsic Value

Thales S.A. (HO.PA)

158.1 €

+0.15 (+0.10%)

Enterprise Value 35,701.70
Net Debt 4,453.70
Equity Value 31,248
Shares Outstanding 209.16
Equity Value Per Share 149.40



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