Intrinsic Value
AllianceBernstein National Municipa... (AFB)
$10.47
+0.02 (+0.19%)
| Enterprise Value | 24.33 |
|---|---|
| Net Debt | 231.98 |
| Equity Value | -207.65 |
| Shares Outstanding | 28.74 |
| Equity Value Per Share | -7.22 |
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