Intrinsic Value
Kinder Morgan, Inc. (KMI)
$18.82
-0.02 (-0.11%)
| Enterprise Value | 83,925.69 |
|---|---|
| Net Debt | 32,033 |
| Equity Value | 51,892.69 |
| Shares Outstanding | 2,234 |
| Equity Value Per Share | 23.23 |
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