KLX Energy Services Holdings, Inc. (KLXE)

Market price: $1.18

3 valuation methods

Debt is most of what funds this company — its shares are about 8% of its total enterprise value. The enterprise-value bars here (3) value the whole business and then subtract the debt, so a small difference in the business's value becomes a large one per share. That is arithmetic, not a fault in the estimate, but it is why those ranges are wide.