Intrinsic Value
Houghton Mifflin Harcourt Company (HMHC)
$21.03
0.00 (0.00%)
Enterprise Value | 1,312.06 |
---|---|
Net Debt | -10.59 |
Equity Value | 1,322.65 |
Shares Outstanding | 131.65 |
Equity Value Per Share | 10.05 |
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