Intrinsic Value
Artisan Partners Asset Management I... (APAM)
$40.84
-0.09 (-0.22%)
| Enterprise Value | 3,392.90 |
|---|---|
| Net Debt | 134.19 |
| Equity Value | 3,258.71 |
| Shares Outstanding | 63.49 |
| Equity Value Per Share | 51.33 |
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