Enterprise value

• Historical and projected performance
• Current industry trends
• Current economic trends
• Shareholder compensation
• Non-recurring expenses
• Weighted average cost of capital
• Change in working capital
• Depreciation and amortization
• Capital expenditures

Equity value

• Excess cash and investments
• Debt and other liabilities on the company’s balance sheet

Price per share

• Control premium and marketability discount
• Number of shares outstanding