Intrinsic Value
New Gold Inc. (NGD)
$1.22
+0.06 (+5.17%)
| Enterprise Value | -3,601.37 |
|---|---|
| Net Debt | 195.40 |
| Equity Value | -3,796.77 |
| Shares Outstanding | 682.40 |
| Equity Value Per Share | -5.56 |
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