Intrinsic Value
Virtu Financial, Inc. (VIRT)
$22.45
-0.32 (-1.40%)
| Enterprise Value | -20,674.97 |
|---|---|
| Net Debt | 1,253.22 |
| Equity Value | -21,928.20 |
| Shares Outstanding | 94.08 |
| Equity Value Per Share | -233.09 |
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