Intrinsic Value
First Trust New Opportunities MLP &... (FPL)
$7.72
-0.03 (-0.39%)
| Enterprise Value | -72.47 |
|---|---|
| Net Debt | 44.90 |
| Equity Value | -117.37 |
| Shares Outstanding | 23.50 |
| Equity Value Per Share | -4.99 |
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