Intrinsic Value
New Jersey Resources Corporation (NJR)
$43.34
+0.04 (+0.09%)
| Enterprise Value | -1,884.62 |
|---|---|
| Net Debt | 3,288.11 |
| Equity Value | -5,172.73 |
| Shares Outstanding | 97.63 |
| Equity Value Per Share | -52.98 |
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