Intrinsic Value
Magic Software Enterprises Ltd. (MGIC)
$12.29
+0.18 (+1.49%)
| Enterprise Value | 801.76 |
|---|---|
| Net Debt | 2.36 |
| Equity Value | 799.39 |
| Shares Outstanding | 49.10 |
| Equity Value Per Share | 16.28 |
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