Intrinsic Value
Accuray Incorporated (ARAY)
$2.2
-0.02 (-0.90%)
| Enterprise Value | 7.12 |
|---|---|
| Net Debt | 115.63 |
| Equity Value | -108.52 |
| Shares Outstanding | 94.88 |
| Equity Value Per Share | -1.14 |
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