Intrinsic Value
Phillips 66 (PSX)
$150.75
-6.49 (-4.13%)
Enterprise Value | 48,275.38 |
---|---|
Net Debt | 16,036 |
Equity Value | 32,239.38 |
Shares Outstanding | 453.21 |
Equity Value Per Share | 71.14 |
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