Intrinsic Value
Xencor, Inc. (XNCR)
$19.23
+0.21 (+1.10%)
| Enterprise Value | -2,375.96 |
|---|---|
| Net Debt | 29.64 |
| Equity Value | -2,405.61 |
| Shares Outstanding | 60.50 |
| Equity Value Per Share | -39.76 |
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