Intrinsic Value

1st Constitution Bancorp (FCCY)

$27.79

+1.02 (+3.81%)

Enterprise Value 618.20
Net Debt 23.77
Equity Value 594.42
Shares Outstanding 10.26
Equity Value Per Share 57.93



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