Intrinsic Value
Boston Pizza Royalties Income Fund (BPF-UN.TO)
$15.78
+0.06 (+0.38%)
| Enterprise Value | 422.42 |
|---|---|
| Net Debt | 81.91 |
| Equity Value | 340.52 |
| Shares Outstanding | 24.67 |
| Equity Value Per Share | 13.80 |
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