Intrinsic Value
Genco Shipping & Trading Limited (GNK)
$21.325
-0.23 (-1.04%)
| Enterprise Value | 969.78 |
|---|---|
| Net Debt | 147.72 |
| Equity Value | 822.06 |
| Shares Outstanding | 42.77 |
| Equity Value Per Share | 19.22 |
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