Intrinsic Value
Canadian Imperial Bank of Commerce (CM.TO)
$64.76
-0.40 (-0.61%)
| Enterprise Value | 261,948.60 |
|---|---|
| Net Debt | 131,330 |
| Equity Value | 130,618.60 |
| Shares Outstanding | 916.22 |
| Equity Value Per Share | 142.56 |
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