Intrinsic Value
Ranger Energy Services, Inc. (RNGR)
$10.85
+0.14 (+1.31%)
| Enterprise Value | 1,865.53 |
|---|---|
| Net Debt | 18.20 |
| Equity Value | 1,847.33 |
| Shares Outstanding | 24.99 |
| Equity Value Per Share | 73.92 |
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