Intrinsic Value
Accuray Incorporated (ARAY)
$2.21
+0.02 (+0.91%)
| Enterprise Value | 6.98 |
|---|---|
| Net Debt | 115.63 |
| Equity Value | -108.66 |
| Shares Outstanding | 94.88 |
| Equity Value Per Share | -1.15 |
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