Intrinsic Value
Granite Construction Incorporated (GVA)
$55.53
+0.77 (+1.41%)
| Enterprise Value | 159.53 |
|---|---|
| Net Debt | 317.42 |
| Equity Value | -157.89 |
| Shares Outstanding | 52.56 |
| Equity Value Per Share | -3.00 |
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