Intrinsic Value
BlackRock Floating Rate Income Stra... (FRA)
$13.05
-0.08 (-0.61%)
| Enterprise Value | -13.82 |
|---|---|
| Net Debt | 144.76 |
| Equity Value | -158.58 |
| Shares Outstanding | 35.23 |
| Equity Value Per Share | -4.50 |
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