Intrinsic Value

Pioneer Diversified High Income Fun... (HNW)

$11.45

+0.08 (+0.70%)

Enterprise Value 7,097.96
Net Debt 42.14
Equity Value 7,055.82
Shares Outstanding 8.33
Equity Value Per Share 846.55



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