Intrinsic Value

TMX Group Limited (X.TO)

$127.36

+2.30 (+1.84%)

Enterprise Value 16,347.36
Net Debt 832.40
Equity Value 15,514.96
Shares Outstanding 56.47
Equity Value Per Share 274.72



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