Intrinsic Value

Banco Santander, S.A. (SAN)

$5.05

+0.06 (+1.20%)

Enterprise Value 235,091.85
Net Debt -22,312
Equity Value 257,403.85
Shares Outstanding 16,247.27
Equity Value Per Share 15.84



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