Intrinsic Value

New Gold Inc. (NGD.TO)

$2.29

+0.01 (+0.00%)

Enterprise Value -454.25
Net Debt 213.10
Equity Value -667.35
Shares Outstanding 684
Equity Value Per Share -0.98



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