Intrinsic Value
CarMax, Inc. (KMX)
$69.65
+0.43 (+0.62%)
| Enterprise Value | 13,455.27 |
|---|---|
| Net Debt | 18,449.32 |
| Equity Value | -4,994.05 |
| Shares Outstanding | 158.71 |
| Equity Value Per Share | -31.47 |
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