Intrinsic Value
First Merchants Corporation (FRME)
$34.69
+0.30 (+0.87%)
| Enterprise Value | -9,628.87 |
|---|---|
| Net Debt | 502.38 |
| Equity Value | -10,131.25 |
| Shares Outstanding | 59.49 |
| Equity Value Per Share | -170.31 |
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