Intrinsic Value
Journey Energy Inc. (JOY.TO)
$3.61
+0.04 (+1.12%)
| Enterprise Value | 88.09 |
|---|---|
| Net Debt | 27.23 |
| Equity Value | 60.86 |
| Shares Outstanding | 66.17 |
| Equity Value Per Share | 0.92 |
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