Intrinsic Value

Two Harbors Investment Corp. (TWO-PA)

$22.92

-0.50 (-2.13%)

Enterprise Value -4,009.25
Net Debt 1,163.29
Equity Value -5,172.55
Shares Outstanding 95.67
Equity Value Per Share -54.07



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