Intrinsic Value
KAR Auction Services, Inc. (KAR)
$16.25
+0.59 (+3.77%)
| Enterprise Value | 8,140.78 |
|---|---|
| Net Debt | 1,993.10 |
| Equity Value | 6,147.68 |
| Shares Outstanding | 121.16 |
| Equity Value Per Share | 50.74 |
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