Intrinsic Value

China Finance Online Co. Limited (JRJC)

$3.99

-2.48 (-38.33%)

Enterprise Value -50.98
Net Debt -1.23
Equity Value -49.74
Shares Outstanding 11.47
Equity Value Per Share -4.34



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