Intrinsic Value
A&W Revenue Royalties Income Fund (AW-UN.TO)
$29.24
+0.03 (+0.10%)
| Enterprise Value | 578.38 |
|---|---|
| Net Debt | 47.75 |
| Equity Value | 530.64 |
| Shares Outstanding | 16.09 |
| Equity Value Per Share | 32.97 |
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