Intrinsic Value
Credit Suisse High Yield Bond Fund,... (DHY)
$2.01
-0.01 (-0.49%)
| Enterprise Value | 1,135.80 |
|---|---|
| Net Debt | 79.77 |
| Equity Value | 1,056.02 |
| Shares Outstanding | 103.51 |
| Equity Value Per Share | 10.20 |
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