Intrinsic Value

Agree Realty Corporation (ADC)

$57.12

+0.44 (+0.78%)

Enterprise Value 33,366.28
Net Debt 2,456.21
Equity Value 30,910.07
Shares Outstanding 95.44
Equity Value Per Share 323.88



Because investors are more interested in the value of the company’s shares alone, we’ll deduct net debt from this value to arrive at a fair value of the company’s equity. Fair Value = Enterprise Value – Debt