Intrinsic Value

Activision Blizzard, Inc. (ATVI)

$94.42

-0.05 (-0.05%)

Enterprise Value 81,910.92
Net Debt -3,449
Equity Value 85,359.92
Shares Outstanding 789
Equity Value Per Share 108.19



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