Intrinsic Value

Forrester Research, Inc. (FORR)

$18.77

+0.21 (+1.13%)

Enterprise Value 667.63
Net Debt 13.95
Equity Value 653.68
Shares Outstanding 19.26
Equity Value Per Share 33.94



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