Intrinsic Value
BlackRock Municipal Income Trust (BFK)
$10.03
+0.05 (+0.50%)
Enterprise Value | 226.80 |
---|---|
Net Debt | 0.09 |
Equity Value | 226.71 |
Shares Outstanding | 44.45 |
Equity Value Per Share | 5.10 |
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