Intrinsic Value

Chipotle Mexican Grill, Inc. (CMG)

$2923.46

-32.07 (-1.09%)

Enterprise Value 23,607.85
Net Debt 3,491.02
Equity Value 20,116.83
Shares Outstanding 27.71
Equity Value Per Share 725.98



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