Intrinsic Value
STEP Energy Services Ltd. (STEP.TO)
$3.665
+0.04 (+1.24%)
Enterprise Value | 614.86 |
---|---|
Net Debt | 111.85 |
Equity Value | 503.01 |
Shares Outstanding | 75.19 |
Equity Value Per Share | 6.69 |
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