Intrinsic Value

The a2 Milk Company Limited (ACOPY)

$3.99

+0.14 (+3.64%)

Enterprise Value 11,336.40
Net Debt -700.71
Equity Value 12,037.11
Shares Outstanding 743.62
Equity Value Per Share 16.19



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