Intrinsic Value
National CineMedia, Inc. (NCMI)
$4.57
+0.03 (+0.66%)
| Enterprise Value | 177.71 |
|---|---|
| Net Debt | -21.60 |
| Equity Value | 199.31 |
| Shares Outstanding | 48.57 |
| Equity Value Per Share | 4.10 |
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