Intrinsic Value
DTF Tax-Free Income 2028 Term Fund ... (DTF)
$10.75
-0.03 (-0.28%)
Enterprise Value | 62.67 |
---|---|
Net Debt | -0.18 |
Equity Value | 62.85 |
Shares Outstanding | 7.03 |
Equity Value Per Share | 8.94 |
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