Intrinsic Value

Horizon Technology Finance Corporat... (HRZN)

$11.37

+0.13 (+1.16%)

Enterprise Value -4,136.31
Net Debt 389.15
Equity Value -4,525.47
Shares Outstanding 30.96
Equity Value Per Share -146.18



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