Intrinsic Value

Macatawa Bank Corporation (MCBC)

$9.76

+0.01 (+0.10%)

Enterprise Value 228.07
Net Debt -36.05
Equity Value 264.11
Shares Outstanding 34,301.65
Equity Value Per Share 0.01



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