Intrinsic Value
NewMarket Corporation (NEU)
$539.95
+6.36 (+1.19%)
Enterprise Value | 6,255.14 |
---|---|
Net Debt | 621.66 |
Equity Value | 5,633.48 |
Shares Outstanding | 9.58 |
Equity Value Per Share | 587.86 |
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