Modelling- after firm value

So after I get my firm value do I just multiply by the % Equity/total assets then divide by shares outstanding to get a target stock value?

Thanks Dudes and Gals

No, you need to subtract out all debt and preferred stock to arrive at equity value. Then you divide that by the shares out.

Thanks Chad. I realize it’s a pretty elementary question. Thanks for the help

and you have to add the cash