Intrinsic Value

AT&T Inc. 5.35% GLB NTS 66 (TBB)

$23.21

+0.18 (+0.78%)

Enterprise Value 1,227,303.21
Net Debt 148,177
Equity Value 1,079,126.21
Shares Outstanding 7,258
Equity Value Per Share 148.68



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