Intrinsic Value

National Bank Holdings Corporation (NBHC)

$32.82

+0.24 (+0.74%)

Enterprise Value 4,583.80
Net Debt 255.11
Equity Value 4,328.69
Shares Outstanding 38.11
Equity Value Per Share 113.58



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