Intrinsic Value
Guggenheim Taxable Municipal Bond &... (GBAB)
$15.63
-0.02 (-0.13%)
| Enterprise Value | -32.22 |
|---|---|
| Net Debt | 126.94 |
| Equity Value | -159.16 |
| Shares Outstanding | 22.98 |
| Equity Value Per Share | -6.93 |
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