Intrinsic Value
NI Holdings, Inc. (NODK)
$14.68
-0.02 (-0.14%)
Enterprise Value | 920.49 |
---|---|
Net Debt | -54.63 |
Equity Value | 975.12 |
Shares Outstanding | 21.16 |
Equity Value Per Share | 46.09 |
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