Intrinsic Value
Hagerty, Inc. (HGTY)
$8.92
-0.14 (-1.55%)
Enterprise Value | 1,439.66 |
---|---|
Net Debt | -536.64 |
Equity Value | 1,976.29 |
Shares Outstanding | 340.32 |
Equity Value Per Share | 5.81 |
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