Intrinsic Value

Software Acquisition Group Inc. III (SWAG)

$9.73

+0.64 (+7.04%)

Enterprise Value 31.56
Net Debt -32.23
Equity Value 63.78
Shares Outstanding 14.34
Equity Value Per Share 4.45



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