Intrinsic Value
Eli Lilly and Company (LLY)
$778.18
+3.28 (+0.42%)
Enterprise Value | 421,860.44 |
---|---|
Net Debt | 22,406.70 |
Equity Value | 399,453.74 |
Shares Outstanding | 903.28 |
Equity Value Per Share | 442.22 |
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