Intrinsic Value
Ares Management Corporation (ARES)
$136.17
+4.26 (+3.23%)
| Enterprise Value | 131,772.93 |
|---|---|
| Net Debt | 14,258.17 |
| Equity Value | 117,514.77 |
| Shares Outstanding | 195.77 |
| Equity Value Per Share | 600.26 |
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