Intrinsic Value
BlackRock Corporate High Yield Fund... (HYT)
$9.79
-0.06 (-0.61%)
Enterprise Value | 8.87 |
---|---|
Net Debt | 596.01 |
Equity Value | -587.14 |
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