Intrinsic Value
Old National Bancorp (ONB)
$17.19
+0.16 (+0.94%)
| Enterprise Value | 32,264.80 |
|---|---|
| Net Debt | 4,900.28 |
| Equity Value | 27,364.51 |
| Shares Outstanding | 291.86 |
| Equity Value Per Share | 93.76 |
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