Intrinsic Value

Plains All American Pipeline, L.P. (PAA)

$17.56

+0.25 (+1.44%)

Enterprise Value 65,455.03
Net Debt 7,707
Equity Value 57,748.03
Shares Outstanding 699
Equity Value Per Share 82.62



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