Intrinsic Value
Advance Auto Parts, Inc. (AAP)
$75.14
+0.43 (+0.58%)
Enterprise Value | 6,189.17 |
---|---|
Net Debt | 3,943.72 |
Equity Value | 2,245.46 |
Shares Outstanding | 59.61 |
Equity Value Per Share | 37.67 |
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