Intrinsic Value
Nine Energy Service, Inc. (NINE)
$2.42
+0.01 (+0.00%)
| Enterprise Value | -4.80 |
|---|---|
| Net Debt | 335.48 |
| Equity Value | -340.28 |
| Shares Outstanding | 33.28 |
| Equity Value Per Share | -10.22 |
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