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Intrinsic Value

Nokia Corporation Sponsored American Depositary Shares

Nokia Corporation Sponsored American Depositary Shares (NOK)

Technology

Enterprise Value -
Net Debt -4,929.08
Equity Value -
Shares Outstanding 6,784.89
Equity Value Per Share -



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