Intrinsic Value
First Trust MLP and Energy Income F... (FEI)
$9.78
+0.05 (+0.51%)
| Enterprise Value | 321.22 |
|---|---|
| Net Debt | 94.50 |
| Equity Value | 226.72 |
| Shares Outstanding | 45.23 |
| Equity Value Per Share | 5.01 |
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