Intrinsic Value
Reata Pharmaceuticals, Inc. (RETA)
$172.36
+0.04 (+0.02%)
| Enterprise Value | -129.01 |
|---|---|
| Net Debt | 77.15 |
| Equity Value | -206.16 |
| Shares Outstanding | 36.32 |
| Equity Value Per Share | -5.68 |
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