Intrinsic Value
Penske Automotive Group, Inc. (PAG)
$153.18
+0.98 (+0.64%)
Enterprise Value | 11,467.35 |
---|---|
Net Debt | 3,956.70 |
Equity Value | 7,510.65 |
Shares Outstanding | 67.96 |
Equity Value Per Share | 110.51 |
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