Intrinsic Value

JPMorgan Alerian MLP Index ETN (AMJ)

$22.06

+0.38 (+1.75%)

Enterprise Value -
Net Debt 354,595.20
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