Intrinsic Value

Smartphoto Group NV (SMAR.BR)

32.9 €

-0.10 (-0.30%)

Enterprise Value 233.55
Net Debt -17.01
Equity Value 250.56
Shares Outstanding 79.87
Equity Value Per Share 3.14

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