Intrinsic Value
Canadian Imperial Bank of Commerce (CM-PT.TO)
$25
+0.01 (+0.04%)
| Enterprise Value | 76,117.98 |
|---|---|
| Net Debt | 131,330 |
| Equity Value | -55,212.02 |
| Shares Outstanding | 916.22 |
| Equity Value Per Share | -60.26 |
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