Intrinsic Value
John Hancock Tax-Advantaged Dividen... (HTD)
$19.47
+0.02 (+0.10%)
| Enterprise Value | -7.59 |
|---|---|
| Net Debt | 419.97 |
| Equity Value | -427.56 |
| Shares Outstanding | 35.43 |
| Equity Value Per Share | -12.07 |
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