Intrinsic Value
Daily Journal Corporation (DJCO)
$347
-6.00 (-1.70%)
| Enterprise Value | 81.97 |
|---|---|
| Net Debt | 55.24 |
| Equity Value | 26.73 |
| Shares Outstanding | 1.38 |
| Equity Value Per Share | 19.41 |
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