Intrinsic Value

Heron Therapeutics, Inc. (HRTX)

$2.77

+0.03 (+1.09%)

Enterprise Value -2,733.72
Net Debt 150.95
Equity Value -2,884.67
Shares Outstanding 138.13
Equity Value Per Share -20.88



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