Intrinsic Value
The New America High Income Fund In... (HYB)
$7.04
+0.01 (+0.14%)
| Enterprise Value | 1.07 |
|---|---|
| Net Debt | 83.43 |
| Equity Value | -82.36 |
| Shares Outstanding | 23.37 |
| Equity Value Per Share | -3.52 |
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