Intrinsic Value
Paycom Software, Inc. (PAYC)
$183.25
-1.62 (-0.88%)
| Enterprise Value | 9,301.53 |
|---|---|
| Net Debt | -218.08 |
| Equity Value | 9,519.61 |
| Shares Outstanding | 57.97 |
| Equity Value Per Share | 164.20 |
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