Intrinsic Value
The Hanover Insurance Group, Inc. (THG)
$133.64
+2.96 (+2.27%)
Enterprise Value | 1,913.94 |
---|---|
Net Debt | 467.10 |
Equity Value | 1,446.84 |
Shares Outstanding | 36.10 |
Equity Value Per Share | 40.08 |
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