Intrinsic Value

Kumulus Vape S.A. (ALVAP.PA)

6.76 €

+0.04 (+0.60%)

Enterprise Value -163.07
Net Debt 0.22
Equity Value -163.29
Shares Outstanding 2.93
Equity Value Per Share -55.69



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