Intrinsic Value
MFS Intermediate High Income Fund (CIF)
$1.64
+0.01 (+0.61%)
| Enterprise Value | 0.93 |
|---|---|
| Net Debt | 15 |
| Equity Value | -14.07 |
| Shares Outstanding | 18.51 |
| Equity Value Per Share | -0.76 |
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