Intrinsic Value
iHeartMedia, Inc. (IHRT)
$9.57
-0.37 (-3.72%)
| Enterprise Value | 29,860.77 |
|---|---|
| Net Debt | 6,214.14 |
| Equity Value | 23,646.63 |
| Shares Outstanding | 150.40 |
| Equity Value Per Share | 157.23 |
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