Intrinsic Value
Air Products and Chemicals, Inc. (APD)
$236.08
+1.00 (+0.43%)
Enterprise Value | 26,426.42 |
---|---|
Net Debt | 9,319.90 |
Equity Value | 17,106.52 |
Shares Outstanding | 222.70 |
Equity Value Per Share | 76.81 |
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