Intrinsic Value
Psychemedics Corporation (PMD)
$2.57
+0.02 (+0.78%)
| Enterprise Value | -8.70 |
|---|---|
| Net Debt | 0.33 |
| Equity Value | -9.03 |
| Shares Outstanding | 5.74 |
| Equity Value Per Share | -1.57 |
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