Intrinsic Value
MarketAxess Holdings Inc. (MKTX)
$201.58
-2.64 (-1.29%)
| Enterprise Value | 6,153.77 |
|---|---|
| Net Debt | -416.73 |
| Equity Value | 6,570.49 |
| Shares Outstanding | 37.65 |
| Equity Value Per Share | 174.50 |
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