Intrinsic Value

Banco Santander, S.A. (SAN)

$3.45

-0.04 (-1.15%)
Enterprise Value -
Net Debt -33,397
Equity Value -
Shares Outstanding 17,321.03
Equity Value Per Share -



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