Intrinsic Value
Eaton Vance Municipal Bond Fund (EIM)
$10.04
+0.03 (+0.30%)
| Enterprise Value | 238.07 |
|---|---|
| Net Debt | 354.39 |
| Equity Value | -116.32 |
| Shares Outstanding | 71.15 |
| Equity Value Per Share | -1.63 |
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