Intrinsic Value

Travel + Leisure Co. (TNL)

$39.12

-0.07 (-0.18%)

Enterprise Value 14,048.71
Net Debt 5,080
Equity Value 8,968.71
Shares Outstanding 87.30
Equity Value Per Share 102.73



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