Intrinsic Value
Merck & Co., Inc. (MRK)
$125.78
+0.55 (+0.44%)
| Enterprise Value | 188,473.46 |
|---|---|
| Net Debt | 29,359 |
| Equity Value | 159,114.46 |
| Shares Outstanding | 2,547 |
| Equity Value Per Share | 62.47 |
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