Intrinsic Value

Hallador Energy Company (HNRG)

$5.33

+0.12 (+2.30%)

Enterprise Value 1,038.94
Net Debt 112.57
Equity Value 926.37
Shares Outstanding 36.83
Equity Value Per Share 25.15



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