Intrinsic Value

Neoenergia S.A. (NEOE3.SA)

$16.48

+0.48 (+3.00%)

Enterprise Value 206,632.36
Net Debt 33,224
Equity Value 173,408.36
Shares Outstanding 1,214
Equity Value Per Share 142.84



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