Major Indexes

Intrinsic Value

NewMarket Corp

NewMarket Corp (NEU)

6.97 (+1.76%)

Intrinsic Value

Enterprise Value 15,650.25
Net Debt 498.61
Equity Value 15,151.64
Shares Outstanding 11.17
Equity Value Per Share 1,356.94

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