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