Intrinsic Value
Illinois Tool Works Inc. (ITW)
$249.3175
+1.16 (+0.47%)
| Enterprise Value | 50,735.86 |
|---|---|
| Net Debt | 7,305 |
| Equity Value | 43,430.86 |
| Shares Outstanding | 303.60 |
| Equity Value Per Share | 143.05 |
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