Intrinsic Value
Ciena Corporation (CIEN)
$46.63
+0.40 (+0.87%)
| Enterprise Value | 10,324.04 |
|---|---|
| Net Debt | 594.40 |
| Equity Value | 9,729.64 |
| Shares Outstanding | 149.38 |
| Equity Value Per Share | 65.13 |
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