Intrinsic Value

Horizon Technology Finance Corporat... (HRZN)

$11.66

-1.61 (-12.13%)

Enterprise Value 7,531.09
Net Debt 219.56
Equity Value 7,311.53
Shares Outstanding 20.03
Equity Value Per Share 365.08



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