Intrinsic Value
Spotify Technology S.A. (SPOT)
$277.48
-3.75 (-1.33%)
Enterprise Value | 660.59 |
---|---|
Net Debt | -1,418 |
Equity Value | 2,078.59 |
Shares Outstanding | 194.73 |
Equity Value Per Share | 10.67 |
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