Intrinsic Value

MPLX LP (MPLX)

$40.68

+0.47 (+1.17%)

Enterprise Value 45,254.59
Net Debt 19,866
Equity Value 25,388.59
Shares Outstanding 1,002
Equity Value Per Share 25.34



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