Intrinsic Value

TRX Gold Corporation (TNX.TO)

$0.46

-0.01 (-2.13%)

Enterprise Value -
Net Debt -7.53
Equity Value -
Shares Outstanding 288.53
Equity Value Per Share -



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