Intrinsic Value
PDC Energy, Inc. (PDCE)
$73.85
-0.20 (0.00%)
| Enterprise Value | 11,501.98 |
|---|---|
| Net Debt | 1,307.52 |
| Equity Value | 10,194.46 |
| Shares Outstanding | 96.17 |
| Equity Value Per Share | 106.00 |
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