Intrinsic Value
Torex Gold Resources Inc. (TXG.TO)
$19.94
+0.86 (+4.51%)
Enterprise Value | 1,986.89 |
---|---|
Net Debt | -140.80 |
Equity Value | 2,127.69 |
Shares Outstanding | 86.40 |
Equity Value Per Share | 24.63 |
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