Intrinsic Value
CarGurus, Inc. (CARG)
$23.08
+0.08 (+0.35%)
Enterprise Value | 2,185.12 |
---|---|
Net Debt | -96.97 |
Equity Value | 2,282.10 |
Shares Outstanding | 114.19 |
Equity Value Per Share | 19.99 |
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