Intrinsic Value
Apollo Tactical Income Fund Inc. (AIF)
$14.22
+0.22 (+1.57%)
| Enterprise Value | 18.56 |
|---|---|
| Net Debt | 105.13 |
| Equity Value | -86.57 |
| Shares Outstanding | 14.46 |
| Equity Value Per Share | -5.99 |
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