Intrinsic Value
Philip Morris International Inc. (PM)
$95.56
-0.53 (-0.55%)
| Enterprise Value | 219,693.88 |
|---|---|
| Net Debt | 44,849 |
| Equity Value | 174,844.88 |
| Shares Outstanding | 1,553 |
| Equity Value Per Share | 112.59 |
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