Intrinsic Value

Nasdaq, Inc. (NDAQ)


-1.66 (-0.86%)

Enterprise Value 39,400.63
Net Debt 5,823
Equity Value 33,577.63
Shares Outstanding 166.90
Equity Value Per Share 201.18

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