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.
Updated 2026-09-03
How it is calculated
Intrinsic value = equity value ÷ shares outstanding
Intrinsic value is what a share is worth based on the cash the business will produce, regardless of what anyone is currently willing to pay for it. It is the answer to a different question than the price. The price tells you what the last buyer and seller agreed on this afternoon. Intrinsic value tells you what the thing is actually worth if you owned all of it and collected the cash for the rest of its life.
The idea is old and simple. A company is a machine that turns capital into cash. Its value is the cash it will hand its owners, adjusted for the fact that a dollar in eight years is worth less than a dollar today. Everything else in a valuation is machinery for estimating those two things: how much cash, and how much less a future dollar is worth.
How Angie computes it
intrinsic value per share = equity value ÷ shares outstanding
Where equity value is enterprise value minus net debt, and enterprise value is sum of pv plus the discounted terminal value.
The chain runs in one direction and every link is visible on the screener. Free cash flow is projected forward, each year is discounted back at the wacc, the years beyond the horizon are collapsed into a terminal value, the two are added to give the value of the whole business, the lenders are paid, and what remains is divided by the share count.
Run live on 2026-09-05. The price that day was $499.70, so Angie read Microsoft as overvalued by 65 percent, and flagged the row low confidence because the projection leans on a 16 percent growth rate it cannot verify.
What it is not
It is not a price target and it carries no timeframe. A stock can trade above intrinsic value for a decade. It is also not a fact. It is the output of assumptions, and different assumptions produce a different number from the same company. That is why Angie shows every input it used rather than only the answer, and why it demands a margin of safety before calling anything cheap.
See also
- Equity value — What is left for shareholders once the lenders have been paid.
- Shares outstanding — The 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.
- Upside — How far intrinsic value sits above or below today's price. Positive means the model thinks the stock is cheap, negative means expensive.
- Margin of safety — How far the price must sit from fair value before Angie calls it anything but fair: at least this much upside to be undervalued, at least this much downside to be overvalued. It exists because the estimate itself can be wrong.
- Discounted cash flow — Valuing 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.
