Major Indexes

Intrinsic Value

Cleveland BioLabs Inc.

Cleveland BioLabs Inc. (CBLI)

-0.08 (-3.56%)

Intrinsic Value

Enterprise Value -60.45
Net Debt -0.80
Equity Value -59.65
Shares Outstanding 11.30
Equity Value Per Share -5.28

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