Intrinsic Value
KAR Auction Services, Inc. (KAR)
$17.38
-0.12 (-0.69%)
| Enterprise Value | 2,002.28 |
|---|---|
| Net Debt | 333.90 |
| Equity Value | 1,668.38 |
| Shares Outstanding | 109.10 |
| Equity Value Per Share | 15.29 |
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