Intrinsic Value
Noodles & Company (NDLS)
$4.72
-0.03 (-0.63%)
| Enterprise Value | 61.77 |
|---|---|
| Net Debt | 262.64 |
| Equity Value | -200.87 |
| Shares Outstanding | 45.91 |
| Equity Value Per Share | -4.37 |
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