Intrinsic Value
Tencent Music Entertainment Group (TME)
$13.17
-0.17 (-1.27%)
| Enterprise Value | 75,387 |
|---|---|
| Net Debt | -7,519 |
| Equity Value | 82,906 |
| Shares Outstanding | 1,584.19 |
| Equity Value Per Share | 52.33 |
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