Intrinsic Value
DURECT Corporation (DRRX)
$0.8247
+0.02 (+2.45%)
| Enterprise Value | -66.17 |
|---|---|
| Net Debt | -7.65 |
| Equity Value | -58.52 |
| Shares Outstanding | 26.52 |
| Equity Value Per Share | -2.21 |
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