Intrinsic Value

Cullen/Frost Bankers, Inc. (CFR)

$114.45

+1.18 (+1.04%)

Enterprise Value 18,444,364.05
Net Debt -8,380.01
Equity Value 18,452,744.06
Shares Outstanding 64.40
Equity Value Per Share 286,511.79



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