Intrinsic Value
Tootsie Roll Industries, Inc. (TROLB)
$31
-1.00 (0.00%)
Enterprise Value | 2,038.44 |
---|---|
Net Debt | -60.40 |
Equity Value | 2,098.84 |
Shares Outstanding | 71.92 |
Equity Value Per Share | 29.18 |
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