Intrinsic Value

STEP Energy Services Ltd. (STEP.TO)

$3.36

+0.07 (+2.13%)

Enterprise Value -861.61
Net Debt 160.19
Equity Value -1,021.81
Shares Outstanding 68.01
Equity Value Per Share -15.02



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