Intrinsic Value

Cboe Global Markets, Inc. (CBOE)

$179.99

-0.86 (-0.48%)

Enterprise Value 20,366.80
Net Debt 1,062.50
Equity Value 19,304.30
Shares Outstanding 106.20
Equity Value Per Share 181.77



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