Intrinsic Value
Ciena Corporation (CIEN)
$52.52
+0.57 (+1.10%)
| Enterprise Value | 2,486.67 |
|---|---|
| Net Debt | 191.95 |
| Equity Value | 2,294.72 |
| Shares Outstanding | 152.19 |
| Equity Value Per Share | 15.08 |
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