Intrinsic Value

Pyramid AG (M3BK.DE)

1.08 €

+0.02 (+1.89%)

Enterprise Value -56.90
Net Debt 12.63
Equity Value -69.53
Shares Outstanding 18.55
Equity Value Per Share -3.75



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