Intrinsic Value
ONEOK, Inc. (OKE)
$80.95
+0.60 (+0.75%)
| Enterprise Value | 13,619.51 |
|---|---|
| Net Debt | 21,426 |
| Equity Value | -7,806.49 |
| Shares Outstanding | 485.40 |
| Equity Value Per Share | -16.08 |
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