Intrinsic Value
Anika Therapeutics, Inc. (ANIK)
$25.9
+0.11 (+0.43%)
| Enterprise Value | -389.95 |
|---|---|
| Net Debt | -43.83 |
| Equity Value | -346.12 |
| Shares Outstanding | 14.66 |
| Equity Value Per Share | -23.62 |
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