Intrinsic Value
Summit Midstream Partners, LP (SMLP)
$34.02
+5.86 (+20.81%)
Enterprise Value | 601.66 |
---|---|
Net Debt | 1,466.81 |
Equity Value | -865.15 |
Shares Outstanding | 10.33 |
Equity Value Per Share | -83.72 |
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