Intrinsic Value
PHX Energy Services Corp. (PHX.TO)
$9.16
-0.06 (-0.65%)
| Enterprise Value | -215.64 |
|---|---|
| Net Debt | 28.34 |
| Equity Value | -243.98 |
| Shares Outstanding | 52.71 |
| Equity Value Per Share | -4.63 |
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