Intrinsic Value
DraftKings Inc. (DKNG)
$41.21
+0.66 (+1.63%)
| Enterprise Value | -492,218.10 |
|---|---|
| Net Debt | 63.88 |
| Equity Value | -492,281.98 |
| Shares Outstanding | 462.60 |
| Equity Value Per Share | -1,064.17 |
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