Intrinsic Value

Spark New Zealand Limited (SPK.NZ)

$4.65

-0.09 (-1.80%)

Enterprise Value 20,159.45
Net Debt 1,730
Equity Value 18,429.45
Shares Outstanding 1,873
Equity Value Per Share 9.84



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