Intrinsic Value
Applied Industrial Technologies, In... (AIT)
$185.98
+1.35 (+0.73%)
Enterprise Value | 5,116.61 |
---|---|
Net Debt | 278.06 |
Equity Value | 4,838.55 |
Shares Outstanding | 39.22 |
Equity Value Per Share | 123.37 |
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