Intrinsic Value
RCI Hospitality Holdings, Inc. (RICK)
$51.41
+0.84 (+1.66%)
| Enterprise Value | 760.70 |
|---|---|
| Net Debt | 256.88 |
| Equity Value | 503.82 |
| Shares Outstanding | 9.34 |
| Equity Value Per Share | 53.97 |
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