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