Intrinsic Value
Lamar Advertising Company (LAMR)
$114.06
-0.58 (-0.51%)
| Enterprise Value | 13,427.15 |
|---|---|
| Net Debt | 4,598.32 |
| Equity Value | 8,828.83 |
| Shares Outstanding | 102.11 |
| Equity Value Per Share | 86.47 |
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