Intrinsic Value
Cannae Holdings, Inc. (CNNE)
$19.55
+0.12 (+0.62%)
| Enterprise Value | -1,384.84 |
|---|---|
| Net Debt | 154.90 |
| Equity Value | -1,539.74 |
| Shares Outstanding | 73.40 |
| Equity Value Per Share | -20.98 |
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