Intrinsic Value
Precision Drilling Corporation (PDS)
$49.65
+1.13 (+2.33%)
| Enterprise Value | 2,780.54 |
|---|---|
| Net Debt | 1,132.35 |
| Equity Value | 1,648.19 |
| Shares Outstanding | 13.55 |
| Equity Value Per Share | 121.67 |
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