Intrinsic Value
DraftKings Inc. (DKNG)
$19.36
+0.45 (+2.38%)
| Enterprise Value | -301,062.71 |
|---|---|
| Net Debt | 15.52 |
| Equity Value | -301,078.23 |
| Shares Outstanding | 305.59 |
| Equity Value Per Share | -985.23 |
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