Intrinsic Value
Magellan Midstream Partners, L.P. (MMP)
$69
+0.46 (+0.67%)
Enterprise Value | 15,138.26 |
---|---|
Net Debt | 5,160.90 |
Equity Value | 9,977.36 |
Shares Outstanding | 209.60 |
Equity Value Per Share | 47.60 |
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