Intrinsic Value

Marriott Vacations Worldwide Corpor... (VAC)

$97.99

-0.95 (-0.96%)

Enterprise Value 3,820.40
Net Debt 4,673
Equity Value -852.60
Shares Outstanding 43.50
Equity Value Per Share -19.60



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