Intrinsic Value
Elanco Animal Health Inc (ELAT)
$21.32
+0.22 (+1.04%)
| Enterprise Value | -3,011.55 |
|---|---|
| Net Debt | 5,422 |
| Equity Value | -8,433.55 |
| Shares Outstanding | 492.30 |
| Equity Value Per Share | -17.13 |
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