Intrinsic Value
ZTO Express (Cayman) Inc. (ZTO)
$20
+0.69 (+3.57%)
| Enterprise Value | -237,098.40 |
|---|---|
| Net Debt | 1,430.69 |
| Equity Value | -238,529.09 |
| Shares Outstanding | 796.15 |
| Equity Value Per Share | -299.60 |
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