Intrinsic Value

Ultralife Corporation (ULBI)

$12.38

+0.41 (+3.44%)

Enterprise Value -131.75
Net Debt 18.88
Equity Value -150.63
Shares Outstanding 16.23
Equity Value Per Share -9.28



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