Intrinsic Value

I.CERAM SA (ALICR.PA)

1.41 €

-0.38 (-21.23%)

Enterprise Value -51.69
Net Debt 1.91
Equity Value -53.60
Shares Outstanding 0.29
Equity Value Per Share -183.85



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