Intrinsic Value
NewMarket Corporation (NEU)
$559.71
-23.54 (-4.04%)
Enterprise Value | 6,202.05 |
---|---|
Net Debt | 621.66 |
Equity Value | 5,580.39 |
Shares Outstanding | 9.58 |
Equity Value Per Share | 582.32 |
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