Intrinsic Value

Spirit Airlines, Inc. (SAVE)


-0.06 (-0.27%)

Enterprise Value -20,602.25
Net Debt 2,009.89
Equity Value -22,612.14
Shares Outstanding 105
Equity Value Per Share -215.35

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