Intrinsic Value
Calamos Convertible Opportunities a... (CHI)
$11.15
+0.11 (+1.00%)
| Enterprise Value | -46.07 |
|---|---|
| Net Debt | 314.40 |
| Equity Value | -360.47 |
| Shares Outstanding | - |
| Equity Value Per Share | -Infinity |
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