Intrinsic Value
Heartland Financial USA, Inc. (HTLF)
$33.44
+0.43 (+1.30%)
| Enterprise Value | 9,161.47 |
|---|---|
| Net Debt | 699.73 |
| Equity Value | 8,461.74 |
| Shares Outstanding | 42.79 |
| Equity Value Per Share | 197.74 |
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