Intrinsic Value
Howard Bancorp, Inc. (HBMD)
$23.3
0.00 (0.00%)
| Enterprise Value | 608.11 |
|---|---|
| Net Debt | 168.09 |
| Equity Value | 440.02 |
| Shares Outstanding | 18.77 |
| Equity Value Per Share | 23.45 |
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