Intrinsic Value
First Horizon Corporation (FHN)
$14.28
+0.11 (+0.78%)
| Enterprise Value | 196,944.75 |
|---|---|
| Net Debt | 1,704 |
| Equity Value | 195,240.75 |
| Shares Outstanding | 561.73 |
| Equity Value Per Share | 347.57 |
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