Intrinsic Value
Pinnacle West Capital Corporation (PNW)
$74.2
-0.34 (-0.46%)
| Enterprise Value | -4,433.38 |
|---|---|
| Net Debt | 10,298.24 |
| Equity Value | -14,731.62 |
| Shares Outstanding | 113.80 |
| Equity Value Per Share | -129.45 |
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