Intrinsic Value
Spirit Airlines, Inc. (SAVE)
$4.16
-0.29 (-6.51%)
| Enterprise Value | -71,592.60 |
|---|---|
| Net Debt | 6,065.44 |
| Equity Value | -77,658.04 |
| Shares Outstanding | 109.15 |
| Equity Value Per Share | -711.47 |
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