Intrinsic Value

Vornado Realty Trust (VNO-PM)

$14.93

-0.23 (-1.52%)

Enterprise Value 36,456.81
Net Debt 7,987.31
Equity Value 28,469.50
Shares Outstanding 191.86
Equity Value Per Share 148.39



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