Jun. 8 at 9:10 AM
$PR
AI:
Price per share implied by enterprise value
Implied PPS ≈
$20.32 per share.
Calculation (clear steps)
Enterprise value (EV) used:
$20.40B.
Total debt used:
$3.56B.
Cash and equivalents used:
$0.171B.
Net debt = Total debt − Cash =
$3.56B −
$0.171B =
$3.389B.
Equity value = EV − Net debt =
$20.40B −
$3.389B =
$17.011B.
Shares outstanding used: 837.29M.
PPS = Equity value / Shares =
$17.011B / 837.29M ≈
$20.32.
