Intrinsic Value
Neogen Corporation (NEOG)
$12.37
-0.05 (-0.40%)
| Enterprise Value | 117.22 |
|---|---|
| Net Debt | 736.76 |
| Equity Value | -619.54 |
| Shares Outstanding | 188.88 |
| Equity Value Per Share | -3.28 |
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