Intrinsic Value
MillerKnoll, Inc. (MLHR)
$38.66
+0.03 (+0.08%)
| Enterprise Value | 1,944.77 |
|---|---|
| Net Debt | 77.60 |
| Equity Value | 1,867.17 |
| Shares Outstanding | 58.77 |
| Equity Value Per Share | 31.77 |
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