Intrinsic Value

DraftKings Inc. (DKNG)


+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