Intrinsic Value

Thermo Fisher Scientific Inc. (TMO)

$571.23

-6.16 (-1.07%)

Enterprise Value 320,531.87
Net Debt 26,840
Equity Value 293,691.87
Shares Outstanding 388
Equity Value Per Share 756.94



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