Intrinsic Value
Smart Sand, Inc. (SND)
$1.96
-0.04 (-2.00%)
| Enterprise Value | -314.98 |
|---|---|
| Net Debt | 29.61 |
| Equity Value | -344.59 |
| Shares Outstanding | 40.26 |
| Equity Value Per Share | -8.56 |
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