Intrinsic Value
Pacific Mercantile Bancorp (PMBC)
$9.4
-0.11 (-1.16%)
| Enterprise Value | 363.10 |
|---|---|
| Net Debt | -260.34 |
| Equity Value | 623.44 |
| Shares Outstanding | 23.52 |
| Equity Value Per Share | 26.51 |
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