Intrinsic Value
Canterbury Park Holding Corporation (CPHC)
$23.35
+0.31 (+1.35%)
| Enterprise Value | -357.84 |
|---|---|
| Net Debt | -25.78 |
| Equity Value | -332.06 |
| Shares Outstanding | 4.95 |
| Equity Value Per Share | -67.09 |
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