Intrinsic Value
Mandalay Resources Corporation (MND.TO)
$2.3
-0.09 (-3.77%)
| Enterprise Value | 189.75 |
|---|---|
| Net Debt | -3.26 |
| Equity Value | 193.01 |
| Shares Outstanding | 94.99 |
| Equity Value Per Share | 2.03 |
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