Intrinsic Value
Eaton Vance Floating-Rate 2022 Targ... (EFL)
$8.63
-0.01 (-0.12%)
| Enterprise Value | 166.53 |
|---|---|
| Net Debt | 52.78 |
| Equity Value | 113.75 |
| Shares Outstanding | 23.72 |
| Equity Value Per Share | 4.80 |
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