Intrinsic Value
NGL Energy Partners LP (NGL)
$5.77
-0.04 (-0.69%)
| Enterprise Value | -568.82 |
|---|---|
| Net Debt | 2,944.99 |
| Equity Value | -3,513.81 |
| Shares Outstanding | 131.01 |
| Equity Value Per Share | -26.82 |
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