Intrinsic Value

Adams Resources & Energy, Inc. (AE)

$29

+1.92 (+7.07%)

Enterprise Value 590.05
Net Debt 8.36
Equity Value 581.69
Shares Outstanding 2.57
Equity Value Per Share 226.52



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