Intrinsic Value
Ares Capital Corporation (ARCC)
$20.63
-0.16 (-0.77%)
| Enterprise Value | 210,682.69 |
|---|---|
| Net Debt | 11,400 |
| Equity Value | 199,282.69 |
| Shares Outstanding | 575 |
| Equity Value Per Share | 346.58 |
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