Intrinsic Value
ChemoCentryx, Inc. (CCXI)
$51.99
0.00 (0.00%)
| Enterprise Value | -386.83 |
|---|---|
| Net Debt | -45.26 |
| Equity Value | -341.57 |
| Shares Outstanding | 65.69 |
| Equity Value Per Share | -5.20 |
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