Intrinsic Value

ClearBridge MLP and Midstream Fund ... (CEM)


+0.31 (+0.91%)

Enterprise Value -159,046,059,711.78
Net Debt 400.83
Equity Value -159,046,060,112.61
Shares Outstanding 14.08
Equity Value Per Share -11,293,486,689.45

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