Intrinsic Value
Alcoa Corporation (AA)
$36.35
+0.82 (+2.31%)
| Enterprise Value | 6,684.08 |
|---|---|
| Net Debt | 835 |
| Equity Value | 5,849.08 |
| Shares Outstanding | 178 |
| Equity Value Per Share | 32.86 |
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