Intrinsic Value
3M Company (MMM)
$91.07
-0.95 (-1.03%)
| Enterprise Value | 31,383.12 |
|---|---|
| Net Debt | 10,921 |
| Equity Value | 20,462.12 |
| Shares Outstanding | 553.90 |
| Equity Value Per Share | 36.94 |
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