Intrinsic Value
BlackRock Investment Quality Munici... (BKN)
$12.12
+0.12 (+1.00%)
| Enterprise Value | 3,116,450.76 |
|---|---|
| Net Debt | 0.05 |
| Equity Value | 3,116,450.71 |
| Shares Outstanding | 17.44 |
| Equity Value Per Share | 178,704.13 |
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