Intrinsic Value
Smith Micro Software, Inc. (SMSI)
$2.202
+0.03 (+1.47%)
| Enterprise Value | -35.98 |
|---|---|
| Net Debt | -3.86 |
| Equity Value | -32.12 |
| Shares Outstanding | 64.92 |
| Equity Value Per Share | -0.49 |
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