Intrinsic Value

Paychex, Inc. (PCX.DE)

110.1 €

-0.30 (0.00%)

Enterprise Value 20,583.49
Net Debt -356.30
Equity Value 20,939.79
Shares Outstanding 362.30
Equity Value Per Share 57.80



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