Intrinsic Value

Artis Real Estate Investment Trust (AX-UN.TO)

$6.39

+0.06 (+0.95%)

Enterprise Value 2,200.95
Net Debt 1,876.60
Equity Value 324.35
Shares Outstanding 111.29
Equity Value Per Share 2.91



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