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