Intrinsic Value

Surge Energy Inc. (SGY.TO)

$7.75

+0.21 (+2.79%)

Enterprise Value 1,773.51
Net Debt 282.18
Equity Value 1,491.33
Shares Outstanding 101.02
Equity Value Per Share 14.76



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