Intrinsic Value
D.R. Horton, Inc. (DHI)
$144.07
-2.05 (-1.40%)
Enterprise Value | 17,943.94 |
---|---|
Net Debt | 1,220.90 |
Equity Value | 16,723.04 |
Shares Outstanding | 343.30 |
Equity Value Per Share | 48.71 |
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