Intrinsic Value

Vornado Realty Trust (VNO-PL)

$15.76

+0.04 (+0.25%)

Enterprise Value 44,347.42
Net Debt 7,987.31
Equity Value 36,360.11
Shares Outstanding 191.86
Equity Value Per Share 189.52



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