Intrinsic Value

Illumina Inc.

Illumina Inc. (ILMN)


Enterprise Value 13,821.40
Net Debt -3,324.76
Equity Value 17,273.18
Shares Outstanding 149.00
Equity Value Per Share 115.93

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