Intrinsic Value
Texas Pacific Land Corporation (TPL)
$587.52
+5.12 (+0.88%)
| Enterprise Value | 5,740.14 |
|---|---|
| Net Debt | -724 |
| Equity Value | 6,464.14 |
| Shares Outstanding | 23.06 |
| Equity Value Per Share | 280.32 |
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