Intrinsic Value
Tree Island Steel Ltd. (TSL.TO)
$3.14
+0.03 (+0.96%)
| Enterprise Value | 232.52 |
|---|---|
| Net Debt | 3.46 |
| Equity Value | 229.06 |
| Shares Outstanding | 27.80 |
| Equity Value Per Share | 8.24 |
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