Intrinsic Value
Axcelis Technologies, Inc. (ACLS)
$103.06
+3.06 (+3.06%)
| Enterprise Value | 756.47 |
|---|---|
| Net Debt | -91.41 |
| Equity Value | 847.88 |
| Shares Outstanding | 33.16 |
| Equity Value Per Share | 25.57 |
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