Intrinsic Value

Fortinet, Inc. (FTNT)

$65.45

+0.65 (+1.00%)

Enterprise Value 21,345.35
Net Debt -326.50
Equity Value 21,671.85
Shares Outstanding 788.20
Equity Value Per Share 27.50



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