Intrinsic Value
Top Ships Inc. (TOPS)
$12.545
+0.04 (+0.36%)
| Enterprise Value | -2,606.65 |
|---|---|
| Net Debt | 224.88 |
| Equity Value | -2,831.53 |
| Shares Outstanding | 1.80 |
| Equity Value Per Share | -1,574.16 |
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