Intrinsic Value

Calamos Global Total Return Fund (CGO)

$11.78

-0.01 (-0.08%)

Enterprise Value -4.35
Net Debt 37
Equity Value -41.35
Shares Outstanding 8.81
Equity Value Per Share -4.69



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