Intrinsic Value

Ultrapar Participações S.A. (UGP)

$5.04

-0.09 (-1.75%)

Enterprise Value 35,494.71
Net Debt 7,366.26
Equity Value 28,128.44
Shares Outstanding 1,104.94
Equity Value Per Share 25.46



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