Intrinsic Value
Avis Budget Group, Inc. (CAR)
$115.6
+1.83 (+1.61%)
| Enterprise Value | -75,935.79 |
|---|---|
| Net Debt | 25,894 |
| Equity Value | -101,829.79 |
| Shares Outstanding | 38.80 |
| Equity Value Per Share | -2,624.48 |
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