Intrinsic Value
Sprague Resources LP (SRLP)
$20
+0.02 (+0.10%)
| Enterprise Value | 1,566.38 |
|---|---|
| Net Debt | 899.65 |
| Equity Value | 666.73 |
| Shares Outstanding | 25.65 |
| Equity Value Per Share | 25.99 |
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