Intrinsic Value

True North Commercial Real Estate I... (TNT-UN.TO)

$3.54

+0.32 (+9.94%)

Enterprise Value 18,974.36
Net Debt 814.93
Equity Value 18,159.44
Shares Outstanding 86.35
Equity Value Per Share 210.31



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