Intrinsic Value
U.S. Physical Therapy, Inc. (USPH)
$106
+3.02 (+2.93%)
| Enterprise Value | 412.58 |
|---|---|
| Net Debt | 124.82 |
| Equity Value | 287.76 |
| Shares Outstanding | 12.98 |
| Equity Value Per Share | 22.16 |
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