Intrinsic Value

TimkenSteel Corporation (TMST)

$14.99

-0.22 (-1.45%)

Enterprise Value 261.03
Net Debt -200.20
Equity Value 461.23
Shares Outstanding 45
Equity Value Per Share 10.25



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