Intrinsic Value
Precision Drilling Corporation (PD.TO)
$98.94
+1.67 (+1.72%)
Enterprise Value | 3,880.13 |
---|---|
Net Debt | 938.01 |
Equity Value | 2,942.12 |
Shares Outstanding | 15.29 |
Equity Value Per Share | 192.46 |
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