Intrinsic Value
The Scotts Miracle-Gro Company (SMG)
$67.75
+0.09 (+0.13%)
| Enterprise Value | 4,493.98 |
|---|---|
| Net Debt | 2,577.80 |
| Equity Value | 1,916.18 |
| Shares Outstanding | 56 |
| Equity Value Per Share | 34.22 |
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