Intrinsic Value
Pine Cliff Energy Ltd. (PNE.TO)
$0.99
-0.01 (-1.00%)
| Enterprise Value | 273.23 |
|---|---|
| Net Debt | 62.35 |
| Equity Value | 210.88 |
| Shares Outstanding | 359.38 |
| Equity Value Per Share | 0.59 |
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