Intrinsic Value
Summit Therapeutics Inc. (SMMT)
$4.96
-0.35 (-6.59%)
| Enterprise Value | 5,887.24 |
|---|---|
| Net Debt | 34.67 |
| Equity Value | 5,852.57 |
| Shares Outstanding | 619.65 |
| Equity Value Per Share | 9.45 |
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