Intrinsic Value

Intercontinental Exchange, Inc. (ICE)

$107.94

-0.25 (-0.23%)

Enterprise Value 128,231.57
Net Debt 13,563
Equity Value 114,668.57
Shares Outstanding 566
Equity Value Per Share 202.59



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