Intrinsic Value
KAR Auction Services, Inc. (KAR)
$15.82
+0.70 (+4.63%)
| Enterprise Value | 7,880.45 |
|---|---|
| Net Debt | 1,993.10 |
| Equity Value | 5,887.35 |
| Shares Outstanding | 121.16 |
| Equity Value Per Share | 48.59 |
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