Intrinsic Value
Novanta Inc. (NOVT)
$154.5
-4.28 (-2.70%)
Enterprise Value | 2,397.64 |
---|---|
Net Debt | 299.51 |
Equity Value | 2,098.13 |
Shares Outstanding | 36.03 |
Equity Value Per Share | 58.23 |
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