Intrinsic Value
ProShares UltraShort S&P500 (SDS)
$24.85
-0.40 (-1.58%)
Enterprise Value | -1.81 |
---|---|
Net Debt | 7.11 |
Equity Value | -8.92 |
Shares Outstanding | 11.34 |
Equity Value Per Share | -0.79 |
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