Intrinsic Value
Papa John's International, Inc. (PZZA)
$63.1
+0.19 (+0.30%)
| Enterprise Value | 1,694.70 |
|---|---|
| Net Debt | 925.13 |
| Equity Value | 769.56 |
| Shares Outstanding | 33.16 |
| Equity Value Per Share | 23.21 |
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