Intrinsic Value
Braemar Hotels & Resorts Inc. (BHR)
$2.58
-0.11 (-4.09%)
| Enterprise Value | 1,398.67 |
|---|---|
| Net Debt | 1,056.32 |
| Equity Value | 342.35 |
| Shares Outstanding | 65.99 |
| Equity Value Per Share | 5.19 |
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