Intrinsic Value
Valero Energy Corporation (VLO)
$170.67
-2.87 (-1.65%)
| Enterprise Value | 39,993.40 |
|---|---|
| Net Debt | 7,213 |
| Equity Value | 32,780.40 |
| Shares Outstanding | 353 |
| Equity Value Per Share | 92.86 |
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