Intrinsic Value
Chemung Financial Corporation (CHMG)
$44.69
+1.19 (+2.74%)
| Enterprise Value | 2,565.39 |
|---|---|
| Net Debt | 3.95 |
| Equity Value | 2,561.44 |
| Shares Outstanding | 4.73 |
| Equity Value Per Share | 541.30 |
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