Intrinsic Value
Cardinal Energy Ltd. (CJ.TO)
$6.94
-0.03 (-0.43%)
| Enterprise Value | 1,362 |
|---|---|
| Net Debt | 54.19 |
| Equity Value | 1,307.81 |
| Shares Outstanding | 160.01 |
| Equity Value Per Share | 8.17 |
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