Intrinsic Value
PENN Entertainment, Inc. (PENN)
$17.84
+0.41 (+2.35%)
| Enterprise Value | 8,936.41 |
|---|---|
| Net Debt | 1,693.80 |
| Equity Value | 7,242.61 |
| Shares Outstanding | 152.10 |
| Equity Value Per Share | 47.62 |
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