Intrinsic Value

First Mid Bancshares, Inc. (FMBH)

$31.51

+0.13 (+0.41%)

Enterprise Value 9,103.08
Net Debt 487.38
Equity Value 8,615.70
Shares Outstanding 21.87
Equity Value Per Share 393.97



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