Intrinsic Value
Alerus Financial Corporation (ALRS)
$19.96
+0.17 (+0.86%)
| Enterprise Value | 2,005.88 |
|---|---|
| Net Debt | 248.98 |
| Equity Value | 1,756.90 |
| Shares Outstanding | 20.14 |
| Equity Value Per Share | 87.22 |
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