Intrinsic Value
Puma Biotechnology, Inc. (PBYI)
$4.83
-0.30 (-5.85%)
| Enterprise Value | -57.57 |
|---|---|
| Net Debt | 26.91 |
| Equity Value | -84.48 |
| Shares Outstanding | 47.55 |
| Equity Value Per Share | -1.78 |
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