Intrinsic Value

Bicycle Therapeutics plc (BCYC)

$22.73

+0.21 (+0.93%)

Enterprise Value -5,751.70
Net Debt -481.47
Equity Value -5,270.23
Shares Outstanding 35.59
Equity Value Per Share -148.07



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