Intrinsic Value
MFS High Yield Municipal Trust (CMU)
$3.235
-0.01 (-0.15%)
Enterprise Value | 1,071.89 |
---|---|
Net Debt | 59.97 |
Equity Value | 1,011.92 |
Shares Outstanding | 18.09 |
Equity Value Per Share | 55.93 |
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