Intrinsic Value
Wolverine World Wide, Inc. (WWW)
$9.545
+0.13 (+1.33%)
| Enterprise Value | 3,229.68 |
|---|---|
| Net Debt | 908.90 |
| Equity Value | 2,320.78 |
| Shares Outstanding | 79.40 |
| Equity Value Per Share | 29.23 |
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