Intrinsic Value
McGrath RentCorp (MGRC)
$109.3
+0.77 (+0.71%)
| Enterprise Value | 2,467.19 |
|---|---|
| Net Debt | 762.10 |
| Equity Value | 1,705.10 |
| Shares Outstanding | 24.53 |
| Equity Value Per Share | 69.51 |
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