Intrinsic Value
Independent Bank Corp. (INDB)
$52.22
+1.43 (+2.82%)
Enterprise Value | 5,233.66 |
---|---|
Net Debt | 1,050.33 |
Equity Value | 4,183.33 |
Shares Outstanding | 44.19 |
Equity Value Per Share | 94.66 |
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