Intrinsic Value
Major Drilling Group International ... (MDI.TO)
$9.58
+0.01 (+0.00%)
| Enterprise Value | 478.23 |
|---|---|
| Net Debt | -68.88 |
| Equity Value | 547.11 |
| Shares Outstanding | 83.24 |
| Equity Value Per Share | 6.57 |
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