Intrinsic Value
American Equity Investment Life Hol... (AEL)
$56.21
+0.22 (+0.39%)
| Enterprise Value | -469.79 |
|---|---|
| Net Debt | -8,908.04 |
| Equity Value | 8,438.24 |
| Shares Outstanding | 80.95 |
| Equity Value Per Share | 104.24 |
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