Intrinsic Value

Nomura Holdings, Inc. (NMR)

$6.42

+0.04 (+0.63%)

Enterprise Value 9,078,510.55
Net Debt 7,220,823
Equity Value 1,857,687.55
Shares Outstanding 3,119.91
Equity Value Per Share 595.43



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