Intrinsic Value
Major Drilling Group International ... (MDI.TO)
$9.29
+0.14 (+1.53%)
| Enterprise Value | -605.53 |
|---|---|
| Net Debt | -15.87 |
| Equity Value | -589.66 |
| Shares Outstanding | 82.73 |
| Equity Value Per Share | -7.13 |
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