Intrinsic Value

Tanger Factory Outlet Centers, Inc. (SKT)

$29.59

+0.04 (+0.14%)

Enterprise Value 829.94
Net Debt 1,512.50
Equity Value -682.56
Shares Outstanding 106.53
Equity Value Per Share -6.41



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