Intrinsic Value
The Travelers Companies, Inc. (TRV)
$211.71
-2.28 (-1.07%)
| Enterprise Value | 110,096.85 |
|---|---|
| Net Debt | 7,624 |
| Equity Value | 102,472.85 |
| Shares Outstanding | 232.20 |
| Equity Value Per Share | 441.31 |
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