Intrinsic Value
Marathon Petroleum Corporation (MPC)
$198.19
-1.32 (-0.66%)
| Enterprise Value | 87,297.44 |
|---|---|
| Net Debt | 23,058 |
| Equity Value | 64,239.44 |
| Shares Outstanding | 409 |
| Equity Value Per Share | 157.06 |
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