Intrinsic Value
Garmin Ltd. (GRMN)
$143.45
+0.42 (+0.29%)
| Enterprise Value | 19,700.60 |
|---|---|
| Net Debt | -1,580.42 |
| Equity Value | 21,281.01 |
| Shares Outstanding | 192.06 |
| Equity Value Per Share | 110.81 |
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