Intrinsic Value
Tompkins Financial Corporation (TMP)
$45.72
+2.03 (+4.65%)
| Enterprise Value | 882.93 |
|---|---|
| Net Debt | 573.55 |
| Equity Value | 309.37 |
| Shares Outstanding | 14.30 |
| Equity Value Per Share | 21.63 |
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