Intrinsic Value
Credit Acceptance Corporation (CACC)
$536.4
+3.85 (+0.72%)
| Enterprise Value | -9,610.27 |
|---|---|
| Net Debt | 5,054.30 |
| Equity Value | -14,664.57 |
| Shares Outstanding | 13.01 |
| Equity Value Per Share | -1,127.11 |
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