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