Intrinsic Value
Vector Group Ltd. (VGR)
$9.37
-1.08 (-10.33%)
Enterprise Value | 4,663.23 |
---|---|
Net Debt | 1,115.10 |
Equity Value | 3,548.13 |
Shares Outstanding | 153.33 |
Equity Value Per Share | 23.14 |
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