Intrinsic Value
Patterson-UTI Energy, Inc. (PTEN)
$11.26
-0.27 (-2.34%)
| Enterprise Value | -28,799.27 |
|---|---|
| Net Debt | 1,152.81 |
| Equity Value | -29,952.08 |
| Shares Outstanding | 280.06 |
| Equity Value Per Share | -106.95 |
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