Intrinsic Value
SP Plus Corporation (SP)
$50.78
+0.57 (+1.14%)
| Enterprise Value | 1,340.97 |
|---|---|
| Net Debt | 547.20 |
| Equity Value | 793.77 |
| Shares Outstanding | 19.78 |
| Equity Value Per Share | 40.13 |
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