Intrinsic Value
Eaton Vance New York Municipal Bond... (ENX)
$9.4376
-0.01 (-0.13%)
| Enterprise Value | 43.08 |
|---|---|
| Net Debt | 86.24 |
| Equity Value | -43.16 |
| Shares Outstanding | 17.96 |
| Equity Value Per Share | -2.40 |
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