Intrinsic Value
Axcelis Technologies, Inc. (ACLS)
$97.24
+0.28 (+0.29%)
| Enterprise Value | 765.09 |
|---|---|
| Net Debt | -91.41 |
| Equity Value | 856.50 |
| Shares Outstanding | 33.16 |
| Equity Value Per Share | 25.83 |
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