Intrinsic Value
StepStone Group Inc. (STEP)
$36.29
+0.62 (+1.74%)
| Enterprise Value | -1,571.29 |
|---|---|
| Net Debt | 91.01 |
| Equity Value | -1,662.31 |
| Shares Outstanding | 61.88 |
| Equity Value Per Share | -26.86 |
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