Intrinsic Value
First Trust High Yield Opportunitie... (FTHY)
$14.11
+0.04 (+0.28%)
| Enterprise Value | 7.41 |
|---|---|
| Net Debt | 122.93 |
| Equity Value | -115.53 |
| Shares Outstanding | 36.79 |
| Equity Value Per Share | -3.14 |
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