Intrinsic Value
Texas Pacific Land Corporation (TPL)
$605.99
+10.32 (+1.73%)
Enterprise Value | 5,753.96 |
---|---|
Net Debt | -724 |
Equity Value | 6,477.96 |
Shares Outstanding | 23.06 |
Equity Value Per Share | 280.92 |
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