Intrinsic Value
SM Energy Company (SM)
$48.09
+0.05 (+0.10%)
Enterprise Value | 5,155.60 |
---|---|
Net Debt | 959.17 |
Equity Value | 4,196.43 |
Shares Outstanding | 119.24 |
Equity Value Per Share | 35.19 |
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