Intrinsic Value
Noble Corporation (NE)
$47.11
+0.78 (+1.68%)
| Enterprise Value | 7,768.40 |
|---|---|
| Net Debt | 244.07 |
| Equity Value | 7,524.32 |
| Shares Outstanding | 145.20 |
| Equity Value Per Share | 51.82 |
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