Intrinsic Value
Heritage Insurance Holdings, Inc. (HRTG)
$10.29
-0.14 (-1.34%)
| Enterprise Value | 197.68 |
|---|---|
| Net Debt | -325.14 |
| Equity Value | 522.82 |
| Shares Outstanding | 26.25 |
| Equity Value Per Share | 19.92 |
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