Intrinsic Value

Novo Nordisk A/S (NVO)

$122.82

+0.07 (+0.06%)

Enterprise Value 2,976,360.71
Net Debt 12,614
Equity Value 2,963,746.71
Shares Outstanding 4,494.80
Equity Value Per Share 659.37



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