Intrinsic Value
Highland Global Allocation Fund (HGLB)
$7.17
-0.01 (0.00%)
| Enterprise Value | 21.60 |
|---|---|
| Net Debt | -3.65 |
| Equity Value | 25.24 |
| Shares Outstanding | - |
| Equity Value Per Share | Infinity |
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