Intrinsic Value
Morningstar, Inc. (MORN)
$302.36
+1.95 (+0.65%)
Enterprise Value | 5,917.43 |
---|---|
Net Debt | 822.30 |
Equity Value | 5,095.13 |
Shares Outstanding | 42.90 |
Equity Value Per Share | 118.77 |
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