Intrinsic Value
Adara Acquisition Corp. (ADRA)
$3.85
0.00 (0.00%)
| Enterprise Value | 11.29 |
|---|---|
| Net Debt | -3.05 |
| Equity Value | 14.34 |
| Shares Outstanding | 11.50 |
| Equity Value Per Share | 1.25 |
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