Intrinsic Value
Tootsie Roll Industries, Inc. (TR)
$32.03
+0.07 (+0.22%)
Enterprise Value | 2,239.64 |
---|---|
Net Debt | -60.40 |
Equity Value | 2,300.04 |
Shares Outstanding | 69.83 |
Equity Value Per Share | 32.94 |
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