Intrinsic Value
Nordic American Tankers Limited (NAT)
$3.8
+0.03 (+0.80%)
| Enterprise Value | -101.06 |
|---|---|
| Net Debt | 268.23 |
| Equity Value | -369.29 |
| Shares Outstanding | 208.80 |
| Equity Value Per Share | -1.77 |
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