Intrinsic Value
Paychex, Inc. (PAYX)
$119.97
-2.00 (-1.64%)
Enterprise Value | 27,054.80 |
---|---|
Net Debt | -356.30 |
Equity Value | 27,411.10 |
Shares Outstanding | 362.30 |
Equity Value Per Share | 75.66 |
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