Intrinsic Value
Farmers & Merchants Bancorp, Inc. (FMAO)
$21
+0.79 (+3.91%)
| Enterprise Value | 3,478.39 |
|---|---|
| Net Debt | 190.93 |
| Equity Value | 3,287.46 |
| Shares Outstanding | 13.49 |
| Equity Value Per Share | 243.64 |
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