Intrinsic Value
American National Group, Inc. (ANAT)
$188.99
-0.07 (-0.04%)
| Enterprise Value | 13,524.54 |
|---|---|
| Net Debt | -1,781.63 |
| Equity Value | 15,306.17 |
| Shares Outstanding | 26.89 |
| Equity Value Per Share | 569.28 |
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