Intrinsic Value
MarketAxess Holdings Inc. (MKTX)
$201.79
+0.21 (+0.10%)
Enterprise Value | 6,183.09 |
---|---|
Net Debt | -416.73 |
Equity Value | 6,599.81 |
Shares Outstanding | 37.65 |
Equity Value Per Share | 175.28 |
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