Intrinsic Value
Callaway Golf Company (ELY)
$21.33
-0.62 (-2.82%)
| Enterprise Value | -5,291.71 |
|---|---|
| Net Debt | 2,600.48 |
| Equity Value | -7,892.19 |
| Shares Outstanding | 176.93 |
| Equity Value Per Share | -44.61 |
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