Intrinsic Value
MFS High Income Municipal Trust (CXE)
$3.49
-0.01 (0.00%)
Enterprise Value | 2,311.19 |
---|---|
Net Debt | 81.46 |
Equity Value | 2,229.73 |
Shares Outstanding | 31.53 |
Equity Value Per Share | 70.73 |
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