Intrinsic Value
Harmony Gold Mining Company Limited (HMY)
$9.03
+0.29 (+3.32%)
| Enterprise Value | -74,171.54 |
|---|---|
| Net Debt | 2,828 |
| Equity Value | -76,999.54 |
| Shares Outstanding | 614.61 |
| Equity Value Per Share | -125.28 |
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