Intrinsic Value

TC Energy Corporation (TRP.TO)

$48.54

+0.23 (+0.48%)

Enterprise Value 33,490.64
Net Debt 59,862
Equity Value -26,371.36
Shares Outstanding 1,030
Equity Value Per Share -25.60



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