Intrinsic Value

National Grid plc (NNGF.DE)

12.4 €

-0.10 (-0.80%)

Enterprise Value 4,936.74
Net Debt 42,822
Equity Value -37,885.26
Shares Outstanding 3,676
Equity Value Per Share -10.31



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