Intrinsic Value
Cimarex Energy Co. (XEC)
- (-%)
| Enterprise Value | -57,932.76 |
|---|---|
| Net Debt | 1,907.91 |
| Equity Value | -59,840.67 |
| Shares Outstanding | 99.95 |
| Equity Value Per Share | -598.69 |
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