Intrinsic Value

Pembina Pipeline Corporation (PPL-PA.TO)

$20.3

+0.25 (+1.25%)

Enterprise Value 40,828.46
Net Debt 11,006
Equity Value 29,822.46
Shares Outstanding 551
Equity Value Per Share 54.12



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