Intrinsic Value
Shutterstock, Inc. (SSTK)
$40.86
+0.30 (+0.74%)
| Enterprise Value | 1,636.57 |
|---|---|
| Net Debt | -32.01 |
| Equity Value | 1,668.58 |
| Shares Outstanding | 36.24 |
| Equity Value Per Share | 46.04 |
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