Intrinsic Value

Tecsys Inc. (TCS.TO)

$37

+0.08 (+0.22%)

Enterprise Value 158.25
Net Debt -18.32
Equity Value 176.57
Shares Outstanding 14.81
Equity Value Per Share 11.92



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