Intrinsic Value
Cheetah Mobile Inc. (CMCM)
$3.54
+0.17 (+5.04%)
Enterprise Value | -359.90 |
---|---|
Net Debt | -1,474.33 |
Equity Value | 1,114.42 |
Shares Outstanding | 28.87 |
Equity Value Per Share | 38.60 |
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