Intrinsic Value
Shell Midstream Partners, L.P. (SHLX)
$15.82
-0.01 (-0.06%)
| Enterprise Value | 9,598.92 |
|---|---|
| Net Debt | 2,358 |
| Equity Value | 7,240.92 |
| Shares Outstanding | 444.10 |
| Equity Value Per Share | 16.30 |
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