Intrinsic Value
Shopify Inc. (SHOP.TO)
$101.86
+3.37 (+3.42%)
| Enterprise Value | -14,465 |
|---|---|
| Net Debt | -263 |
| Equity Value | -14,202 |
| Shares Outstanding | 1,295.51 |
| Equity Value Per Share | -10.96 |
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