Intrinsic Value
International Business Machines Cor... (IBM)
$182.19
+0.29 (+0.16%)
| Enterprise Value | 264,920.07 |
|---|---|
| Net Debt | 46,846 |
| Equity Value | 218,074.07 |
| Shares Outstanding | 922.07 |
| Equity Value Per Share | 236.50 |
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