Intrinsic Value
First Financial Bankshares, Inc. (FFIN)
$32.81
+0.26 (+0.80%)
Enterprise Value | 5,523.01 |
---|---|
Net Debt | -132.51 |
Equity Value | 5,655.52 |
Shares Outstanding | 142.69 |
Equity Value Per Share | 39.64 |
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