Intrinsic Value
M/I Homes, Inc. (MHO)
$121.04
+0.97 (+0.81%)
| Enterprise Value | 1,315.35 |
|---|---|
| Net Debt | 203.69 |
| Equity Value | 1,111.66 |
| Shares Outstanding | 28.72 |
| Equity Value Per Share | 38.71 |
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