Intrinsic Value
Waste Management, Inc. (WM)
$207.07
+2.00 (+0.98%)
| Enterprise Value | 70,537.73 |
|---|---|
| Net Debt | 15,771 |
| Equity Value | 54,766.73 |
| Shares Outstanding | 406.90 |
| Equity Value Per Share | 134.60 |
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