Intrinsic Value
Progress Software Corporation (PRGS)
$51.36
+0.17 (+0.33%)
| Enterprise Value | 7,309.81 |
|---|---|
| Net Debt | 620.15 |
| Equity Value | 6,689.66 |
| Shares Outstanding | 44.66 |
| Equity Value Per Share | 149.80 |
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