Intrinsic Value
Cumulus Media Inc. (CMLS)
$2.9
+0.11 (+3.94%)
Enterprise Value | 1,118.63 |
---|---|
Net Debt | 950.14 |
Equity Value | 168.50 |
Shares Outstanding | 17.27 |
Equity Value Per Share | 9.76 |
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