Intrinsic Value
Precision Drilling Corporation (PDS)
$81.14
-1.37 (-1.66%)
| Enterprise Value | 1,150.95 |
|---|---|
| Net Debt | 1,125.19 |
| Equity Value | 25.76 |
| Shares Outstanding | 13.31 |
| Equity Value Per Share | 1.93 |
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