Intrinsic Value

The Toronto-Dominion Bank (TD-PFL.TO)


+0.04 (+0.16%)

Enterprise Value 1,023,904.87
Net Debt 306,360
Equity Value 717,544.87
Shares Outstanding 1,824.40
Equity Value Per Share 393.30

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