Intrinsic Value

TC Energy Corporation (TRP)

$36.09

+0.18 (+0.50%)

Enterprise Value 19,035.43
Net Debt 59,862
Equity Value -40,826.57
Shares Outstanding 1,030
Equity Value Per Share -39.64



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