Intrinsic Value
Blackrock Municipal 2030 Target Ter... (BTT)
$20.612
-0.06 (-0.28%)
| Enterprise Value | 16.23 |
|---|---|
| Net Debt | 907.53 |
| Equity Value | -891.30 |
| Shares Outstanding | 70.51 |
| Equity Value Per Share | -12.64 |
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