Intrinsic Value
DoubleLine Opportunistic Credit Fun... (DBL)
$14.93
+0.06 (+0.40%)
| Enterprise Value | 8,438.02 |
|---|---|
| Net Debt | 49.80 |
| Equity Value | 8,388.22 |
| Shares Outstanding | 16.50 |
| Equity Value Per Share | 508.51 |
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