Intrinsic Value

M&T Bank Corporation (MTB)

$146.13

+1.74 (+1.21%)

Enterprise Value 80,983.02
Net Debt -16,599
Equity Value 97,582.02
Shares Outstanding 167
Equity Value Per Share 584.32



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