Intrinsic Value

Altria Group, Inc. (MO)

$43.49

-0.10 (-0.23%)

Enterprise Value 49,581.74
Net Debt 22,542
Equity Value 27,039.74
Shares Outstanding 1,777
Equity Value Per Share 15.22



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