Intrinsic Value
Novan, Inc. (NOVN)
$0.0941
-0.03 (-24.84%)
| Enterprise Value | -83,706.17 |
|---|---|
| Net Debt | -8.39 |
| Equity Value | -83,697.79 |
| Shares Outstanding | 22.02 |
| Equity Value Per Share | -3,801.04 |
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