Intrinsic Value
INNOVATE Corp. (VATE)
$0.6058
+0.00 (+0.25%)
| Enterprise Value | 212.57 |
|---|---|
| Net Debt | 690.20 |
| Equity Value | -477.63 |
| Shares Outstanding | 78.66 |
| Equity Value Per Share | -6.07 |
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