Intrinsic Value

Heat Biologics, Inc. (HTBX)

$2.38

+0.01 (+0.42%)

Enterprise Value -2,712.01
Net Debt -6.38
Equity Value -2,705.63
Shares Outstanding 25.14
Equity Value Per Share -107.63



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