Intrinsic Value
The Macerich Company (MAC)
$17.23
+0.14 (+0.82%)
Enterprise Value | 3,949.96 |
---|---|
Net Debt | 4,221.90 |
Equity Value | -271.94 |
Shares Outstanding | 215.55 |
Equity Value Per Share | -1.26 |
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