Intrinsic Value
Kennametal Inc. (KMT)
$24.51
+0.41 (+1.70%)
| Enterprise Value | -29.67 |
|---|---|
| Net Debt | 489.84 |
| Equity Value | -519.51 |
| Shares Outstanding | 81.40 |
| Equity Value Per Share | -6.38 |
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