Intrinsic Value
The Cheesecake Factory Incorporated (CAKE)
$33
+1.51 (+4.80%)
| Enterprise Value | -4,927.48 |
|---|---|
| Net Debt | 1,725.85 |
| Equity Value | -6,653.33 |
| Shares Outstanding | 50.41 |
| Equity Value Per Share | -131.97 |
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