Intrinsic Value

Chipotle Mexican Grill Inc

Chipotle Mexican Grill Inc (CMG)

15.22 (+1.24%)

Enterprise Value 3,700.16
Net Debt -480.63
Equity Value 4,180.78
Shares Outstanding 28.30
Equity Value Per Share 147.76

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