Intrinsic Value
New Gold Inc. (NGD)
$1.75
-0.01 (0.00%)
| Enterprise Value | -405.90 |
|---|---|
| Net Debt | 214.60 |
| Equity Value | -620.50 |
| Shares Outstanding | 684 |
| Equity Value Per Share | -0.91 |
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