Intrinsic Value
Great Ajax Corp. 7.25 CV SR NT 24 (AJXA)
$24.91
+0.08 (+0.34%)
Enterprise Value | 838.15 |
---|---|
Net Debt | 944.48 |
Equity Value | -106.33 |
Shares Outstanding | 24.29 |
Equity Value Per Share | -4.38 |
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