Also called fair value, IV, intrinsic value per share

Intrinsic value

Angie's estimate of what one share is worth, built from the company's own cash rather than from what anyone will pay. Compare it to today's price.

How it is calculated

Intrinsic value = equity value ÷ shares outstanding

A fuller explanation of this one is still being written. The definition above is the short answer.

See also

  • Equity valueWhat is left for shareholders once the lenders have been paid.
  • Shares outstandingThe share count that converts a whole-company equity value into a per-share figure. Getting it wrong scales every valuation by exactly the same error.
  • UpsideHow far intrinsic value sits above or below today's price. Positive means the model thinks the stock is cheap, negative means expensive.
  • Margin of safetyThe discount below fair value a stock must reach before Angie will call it undervalued. It exists because the estimate itself can be wrong.
  • Discounted cash flowValuing a company by projecting the cash it will generate and discounting each year back to today. Everything Angie does is one long DCF.

Educational content, not investment advice. Angie explains how a valuation is built so you can judge it yourself. What you do with that is your call.

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