Intrinsic Value
Air T, Inc. (AIRT)
$26.7
+0.88 (+3.41%)
| Enterprise Value | -133.12 |
|---|---|
| Net Debt | 131.71 |
| Equity Value | -264.83 |
| Shares Outstanding | 2.85 |
| Equity Value Per Share | -93.02 |
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