Intrinsic Value
Dril-Quip, Inc. (DRQ)
$19.91
+0.60 (+3.11%)
Enterprise Value | -23.28 |
---|---|
Net Debt | -173.63 |
Equity Value | 150.34 |
Shares Outstanding | 34.47 |
Equity Value Per Share | 4.36 |
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