Intrinsic Value
M.D.C. Holdings, Inc. (MDC)
$62.98
+0.03 (+0.05%)
| Enterprise Value | 3,387.36 |
|---|---|
| Net Debt | 82.52 |
| Equity Value | 3,304.84 |
| Shares Outstanding | 75.36 |
| Equity Value Per Share | 43.86 |
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