Intrinsic Value

Eaton Vance Municipal Income 2028 T... (ETX)

$20.71

+0.22 (+1.07%)

Enterprise Value -278.85
Net Debt -11.26
Equity Value -267.59
Shares Outstanding 10.90
Equity Value Per Share -24.55



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