Intrinsic Value

First Quantum Minerals Ltd. (FM.TO)

$18.58

+1.80 (+10.73%)

Enterprise Value -38,778.28
Net Debt 6,420
Equity Value -45,198.28
Shares Outstanding 690.88
Equity Value Per Share -65.42



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