Intrinsic Value
Biglari Holdings Inc. (BH)
$206.85
+5.49 (+2.73%)
| Enterprise Value | 92.09 |
|---|---|
| Net Debt | 73.18 |
| Equity Value | 18.91 |
| Shares Outstanding | 1.45 |
| Equity Value Per Share | 13.09 |
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