Intrinsic Value

VanEck Gold Miners ETF (GDX)

$21.86

-0.58 (-2.58%)
Enterprise Value -
Net Debt -
Equity Value -
Shares Outstanding -
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