Intrinsic Value
Ariel Appreciation Fund (CAAPX)
$38.45
+0.14 (+0.37%)
| Enterprise Value | - |
|---|---|
| Net Debt | -31.62 |
| Equity Value | - |
| Shares Outstanding | 7.43 |
| Equity Value Per Share | - |
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