Intrinsic Value
Miller/Howard High Income Equity Fu... (HIE)
$10.57
-0.02 (-0.19%)
Enterprise Value | 132.64 |
---|---|
Net Debt | -0.13 |
Equity Value | 132.77 |
Shares Outstanding | 18.69 |
Equity Value Per Share | 7.10 |
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