Intrinsic Value
3M Company (MMM)
$102.53
+8.25 (+8.75%)
| Enterprise Value | 102,062.56 |
|---|---|
| Net Debt | 12,545 |
| Equity Value | 89,517.56 |
| Shares Outstanding | 567.60 |
| Equity Value Per Share | 157.71 |
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