Major Indexes

Intrinsic Value

Array BioPharma Inc.

Array BioPharma Inc. (ARRY)

17.69 (+61.25%)

Intrinsic Value

Enterprise Value -3,361.91
Net Debt -319.11
Equity Value -3,042.79
Shares Outstanding 198.49
Equity Value Per Share -15.33

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