Intrinsic Value
Anika Therapeutics, Inc. (ANIK)
$25.58
-0.32 (-1.24%)
| Enterprise Value | -387.34 |
|---|---|
| Net Debt | -43.83 |
| Equity Value | -343.51 |
| Shares Outstanding | 14.66 |
| Equity Value Per Share | -23.44 |
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