Intrinsic Value
Great Ajax Corp. (AJX)
$3.54
-0.12 (-3.28%)
| Enterprise Value | 812.87 |
|---|---|
| Net Debt | 944.48 |
| Equity Value | -131.61 |
| Shares Outstanding | 24.29 |
| Equity Value Per Share | -5.42 |
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