Intrinsic Value
Cortland Bancorp (CLDB)
$28.47
+0.39 (+1.39%)
| Enterprise Value | 225.10 |
|---|---|
| Net Debt | -12.95 |
| Equity Value | 238.06 |
| Shares Outstanding | 4.19 |
| Equity Value Per Share | 56.76 |
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