Intrinsic Value
CONMED Corporation (CNMD)
$70.75
-1.01 (-1.41%)
| Enterprise Value | 672.52 |
|---|---|
| Net Debt | 966.96 |
| Equity Value | -294.44 |
| Shares Outstanding | 31.55 |
| Equity Value Per Share | -9.33 |
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