Intrinsic Value
Highland Funds I - Highland Income ... (HFRO)
$6.48
-0.02 (-0.31%)
Enterprise Value | 1,048.64 |
---|---|
Net Debt | -3.49 |
Equity Value | 1,052.13 |
Shares Outstanding | 70.24 |
Equity Value Per Share | 14.98 |
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