Intrinsic Value

Raven Industries Inc.

Raven Industries Inc. (RAVN)


Enterprise Value 675.12
Net Debt -65.80
Equity Value 740.92
Shares Outstanding 35.96
Equity Value Per Share 20.61

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