Intrinsic Value

Manhattan Associates, Inc. (MANH)

$230.63

+2.31 (+1.01%)

Enterprise Value 2,595.45
Net Debt -253.05
Equity Value 2,848.50
Shares Outstanding 62.61
Equity Value Per Share 45.50



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