Intrinsic Value
Ferrari N.V. (RACE)
$412.21
-8.12 (-1.93%)
Enterprise Value | 13,906.72 |
---|---|
Net Debt | 1,355.20 |
Equity Value | 12,551.51 |
Shares Outstanding | 181.51 |
Equity Value Per Share | 69.15 |
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