Intrinsic Value
Purple Innovation, Inc. (PRPL)
$1.5
-0.03 (-1.96%)
| Enterprise Value | -208.53 |
|---|---|
| Net Debt | 126.12 |
| Equity Value | -334.65 |
| Shares Outstanding | 103.94 |
| Equity Value Per Share | -3.22 |
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