Intrinsic Value
Photronics, Inc. (PLAB)
$26.09
-0.43 (-1.62%)
| Enterprise Value | 369.71 |
|---|---|
| Net Debt | -474.67 |
| Equity Value | 844.38 |
| Shares Outstanding | 61.76 |
| Equity Value Per Share | 13.67 |
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