Intrinsic Value
ClearBridge MLP and Midstream Fund ... (CEM)
$45.98
+0.05 (+0.11%)
Enterprise Value | 144,846.58 |
---|---|
Net Debt | 199.32 |
Equity Value | 144,647.26 |
Shares Outstanding | 13.29 |
Equity Value Per Share | 10,880.48 |
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