Intrinsic Value

Artisan Partners Asset Management I... (APAM)

$37.47

-0.56 (-1.47%)

Enterprise Value 3,561.32
Net Debt 99.61
Equity Value 3,461.71
Shares Outstanding 55.60
Equity Value Per Share 62.26



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