Intrinsic Value

Hawthorn Bancshares, Inc. (HWBK)

$18.89

-0.08 (-0.42%)

Enterprise Value 598.59
Net Debt 64.25
Equity Value 534.34
Shares Outstanding 7.04
Equity Value Per Share 75.91



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