Intrinsic Value
Accuray Incorporated (ARAY)
$2.16
+0.08 (+3.85%)
| Enterprise Value | 105.35 |
|---|---|
| Net Debt | 83.04 |
| Equity Value | 22.32 |
| Shares Outstanding | 92.03 |
| Equity Value Per Share | 0.24 |
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