Intrinsic Value
Patrick Industries, Inc. (PATK)
$103.4
+0.76 (+0.74%)
| Enterprise Value | 3,960.31 |
|---|---|
| Net Debt | 1,195.65 |
| Equity Value | 2,764.66 |
| Shares Outstanding | 22.02 |
| Equity Value Per Share | 125.52 |
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