Intrinsic Value

First BanCorp. (FBP)

$17.39

-0.31 (-1.75%)

Enterprise Value 43,281,638,586.22
Net Debt 70.89
Equity Value 43,281,638,515.32
Shares Outstanding 177.18
Equity Value Per Share 244,280,610.20



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