FMV of Common Shares APV Approach
EBIT Interest EBT Taxes EAT ReU Value of Debt Capacity Enterprise Value FMV of Actual Debt FMV of Equity
FMV of Common Shares Enterprise Value (FCFF) Approach
Debt Capacity/Enterprise Value WACC EBIT Interest EBT EAT WACC Enterprise Value FMV of Actual Debt FMV of Equity
FMV of Common Shares (FCFE) Approach
ReL EBIT Interest EBT Taxes EAT ReL Enterprise Value Debt Adjustment FMV of Equity