The value of the shareholders’ claim: diluted shares times the share price.
Where the course uses it
- Module 9: The M&A process
- Lecture 3: The income statement
- Lecture 4: The balance sheet
- Lecture 6: Accounting topics interviewers love
- Lecture 7: Enterprise value and equity value
- Lecture 8: Valuation by comparison: trading comps and precedent transactions
- Lecture 9: The DCF, part one: from free cash flow to value per share
- Lecture 11: Mergers and acquisitions
- Lecture 12: Leveraged buyouts
- Lecture 13: Raising capital: equity and debt markets
- Lecture 14: Cracking the technical interview
Related terms
In the news
- Coeur Mining completes its New Gold acquisition 20 March 2026
- Coeur Mining agrees to buy New Gold 3 November 2025
- Harmony Gold completes its $1bn purchase of MAC Copper 24 October 2025