Intrinsic Value
Flaherty & Crumrine Total Return Fu... (FLC)
$15.2
+0.22 (+1.47%)
| Enterprise Value | 1.84 |
|---|---|
| Net Debt | 104.47 |
| Equity Value | -102.63 |
| Shares Outstanding | 10.46 |
| Equity Value Per Share | -9.81 |
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