Intrinsic Value
Pizza Pizza Royalty Corp. (PZA.TO)
$13.35
+0.12 (+0.91%)
| Enterprise Value | 438.39 |
|---|---|
| Net Debt | 44.47 |
| Equity Value | 393.92 |
| Shares Outstanding | 32.34 |
| Equity Value Per Share | 12.18 |
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