Intrinsic Value
Velan Inc. (VLN.TO)
$5.78
+0.18 (+3.21%)
| Enterprise Value | 188.85 |
|---|---|
| Net Debt | -9.60 |
| Equity Value | 198.45 |
| Shares Outstanding | 21.59 |
| Equity Value Per Share | 9.19 |
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