Intrinsic Value

Telefónica, S.A. (TEF)

$4.5

+0.06 (+1.35%)

Enterprise Value 133,380.58
Net Debt 36,964
Equity Value 96,416.58
Shares Outstanding 5,668.14
Equity Value Per Share 17.01



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