Intrinsic Value
Rocket Companies, Inc. (RKT)
$11.68
+0.15 (+1.30%)
| Enterprise Value | 2,736.60 |
|---|---|
| Net Debt | 8,425.48 |
| Equity Value | -5,688.88 |
| Shares Outstanding | 1,980.52 |
| Equity Value Per Share | -2.87 |
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