Intrinsic Value
Smith-Midland Corporation (SMID)
$36.52
-1.01 (-2.69%)
| Enterprise Value | -23.61 |
|---|---|
| Net Debt | -0.26 |
| Equity Value | -23.35 |
| Shares Outstanding | 5.25 |
| Equity Value Per Share | -4.45 |
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