Intrinsic Value
First Trust Energy Income and Growt... (FEN)
$15.945
+0.03 (+0.19%)
| Enterprise Value | 0.43 |
|---|---|
| Net Debt | 48.57 |
| Equity Value | -48.14 |
| Shares Outstanding | 19.46 |
| Equity Value Per Share | -2.47 |
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