Intrinsic Value
Eaton Vance Floating-Rate Income Tr... (EFT)
$13.37
-0.04 (-0.30%)
| Enterprise Value | 2.92 |
|---|---|
| Net Debt | 109.18 |
| Equity Value | -106.27 |
| Shares Outstanding | 29.09 |
| Equity Value Per Share | -3.65 |
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