Intrinsic Value
Agree Realty Corporation (ADC)
$57.56
+0.66 (+1.16%)
Enterprise Value | 29,748.79 |
---|---|
Net Debt | 2,456.21 |
Equity Value | 27,292.57 |
Shares Outstanding | 95.44 |
Equity Value Per Share | 285.97 |
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