Intrinsic Value

German American Bancorp, Inc. (GABC)

$32.39

-0.78 (-2.35%)

Enterprise Value 4,479.13
Net Debt 119.97
Equity Value 4,359.16
Shares Outstanding 29.56
Equity Value Per Share 147.48



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