Intrinsic Value
Ligand Pharmaceuticals Incorporated (LGND)
$70.37
-0.63 (-0.89%)
| Enterprise Value | -1,934.07 |
|---|---|
| Net Debt | -16.79 |
| Equity Value | -1,917.28 |
| Shares Outstanding | 17.76 |
| Equity Value Per Share | -107.97 |
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