Intrinsic Value

iShares MSCI Global Gold Miners ETF (RING)

$27.42

+0.55 (+2.03%)

Enterprise Value -
Net Debt -
Equity Value -
Shares Outstanding -
Equity Value Per Share -



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