Intrinsic Value
Velocity Financial, Inc. (VEL)
$17.14
+0.38 (+2.27%)
| Enterprise Value | 106,699.97 |
|---|---|
| Net Debt | 3,782.84 |
| Equity Value | 102,917.13 |
| Shares Outstanding | 34.48 |
| Equity Value Per Share | 2,984.49 |
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