Intrinsic Value
The Gabelli Equity Trust Inc. (GAB)
$5.31
+0.01 (+0.19%)
| Enterprise Value | 107.88 |
|---|---|
| Net Debt | 80.38 |
| Equity Value | 27.50 |
| Shares Outstanding | 302.05 |
| Equity Value Per Share | 0.09 |
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