Intrinsic Value
Alkermes plc (ALKS)
$24.05
+0.19 (+0.80%)
Enterprise Value | -3,273.45 |
---|---|
Net Debt | -166.74 |
Equity Value | -3,106.71 |
Shares Outstanding | 169.73 |
Equity Value Per Share | -18.30 |
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