Intrinsic Value
Precision Drilling Corporation (PDS)
$70.14
+2.27 (+3.34%)
Enterprise Value | 3,772.55 |
---|---|
Net Debt | 938.01 |
Equity Value | 2,834.54 |
Shares Outstanding | 15.29 |
Equity Value Per Share | 185.42 |
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