Intrinsic Value

Apellis Pharmaceuticals, Inc. (APLS)

$47.51

-0.52 (-1.08%)

Enterprise Value -
Net Debt -241.37
Equity Value -
Shares Outstanding 118.68
Equity Value Per Share -



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