Intrinsic Value
Erie Indemnity Company (ERIE)
$385.69
+3.48 (+0.91%)
| Enterprise Value | -1,999.62 |
|---|---|
| Net Debt | -144.06 |
| Equity Value | -1,855.56 |
| Shares Outstanding | 52.68 |
| Equity Value Per Share | -35.22 |
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