Intrinsic Value
First Trust High Income Long/Short ... (FSD)
$11.53
-0.09 (-0.77%)
| Enterprise Value | -1,631,868,496,436.20 |
|---|---|
| Net Debt | 83.80 |
| Equity Value | -1,631,868,496,520 |
| Shares Outstanding | 33.29 |
| Equity Value Per Share | -49,018,286,060.67 |
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