Intrinsic Value
BlackRock California Municipal Inco... (BFZ)
$11.86
+0.09 (+0.76%)
| Enterprise Value | 7.11 |
|---|---|
| Net Debt | 209.47 |
| Equity Value | -202.36 |
| Shares Outstanding | 30.27 |
| Equity Value Per Share | -6.68 |
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