Intrinsic Value
SPDR Portfolio Emerging Markets ETF (SPEM)
$37.63
+0.27 (+0.72%)
| Enterprise Value | -537.23 |
|---|---|
| Net Debt | -7.12 |
| Equity Value | -530.11 |
| Shares Outstanding | 25.93 |
| Equity Value Per Share | -20.45 |
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