Intrinsic Value
Warner Music Group Corp. (WMG)
$32.14
-0.92 (-2.78%)
| Enterprise Value | 8,149.62 |
|---|---|
| Net Debt | 3,619 |
| Equity Value | 4,530.62 |
| Shares Outstanding | 515.72 |
| Equity Value Per Share | 8.79 |
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