Intrinsic Value
RingCentral, Inc. (RNG)
$29.36
+0.11 (+0.38%)
| Enterprise Value | -19,704.98 |
|---|---|
| Net Debt | 1,567.62 |
| Equity Value | -21,272.60 |
| Shares Outstanding | 94.91 |
| Equity Value Per Share | -224.13 |
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