Intrinsic Value

Macy's, Inc. (M)

$17.59

+0.61 (+3.59%)

Enterprise Value -745.44
Net Debt 5,097
Equity Value -5,842.44
Shares Outstanding 314
Equity Value Per Share -18.61



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