Intrinsic Value

The First Bancshares, Inc. (FBMS)

$24.55

+0.84 (+3.54%)

Enterprise Value 11,551.17
Net Debt 166.53
Equity Value 11,384.64
Shares Outstanding 31.57
Equity Value Per Share 360.66



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