Intrinsic Value
Paylocity Holding Corporation (PCTY)
$157.5
+0.62 (+0.40%)
| Enterprise Value | -19,980.46 |
|---|---|
| Net Debt | -226.30 |
| Equity Value | -19,754.16 |
| Shares Outstanding | 56.60 |
| Equity Value Per Share | -349.04 |
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