Intrinsic Value
Kellogg Company (K)
$58.535
-0.21 (-0.37%)
| Enterprise Value | 26,791.23 |
|---|---|
| Net Debt | 6,252 |
| Equity Value | 20,539.23 |
| Shares Outstanding | 345 |
| Equity Value Per Share | 59.53 |
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