Intrinsic Value
DRDGOLD Limited (DRD)
$7.83
-0.05 (-0.63%)
| Enterprise Value | 8,651.20 |
|---|---|
| Net Debt | -2,420.30 |
| Equity Value | 11,071.50 |
| Shares Outstanding | 86.50 |
| Equity Value Per Share | 128.00 |
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