Intrinsic Value

Boston Beer Company Inc. (The)

Boston Beer Company Inc. (The) (SAM)

Consumer Defensive

Enterprise Value 7,093.74
Net Debt -108.42
Equity Value 7,202.16
Shares Outstanding 11.62
Equity Value Per Share 619.70

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