Intrinsic Value
PulteGroup, Inc. (PHM)
$111.45
-0.81 (-0.72%)
| Enterprise Value | 9,990.36 |
|---|---|
| Net Debt | 746.82 |
| Equity Value | 9,243.54 |
| Shares Outstanding | 221.16 |
| Equity Value Per Share | 41.80 |
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