Intrinsic Value
Invesco High Income 2023 Target Ter... (IHIT)
$6.92
-0.01 (-0.22%)
Enterprise Value | 2.25 |
---|---|
Net Debt | 79.42 |
Equity Value | -77.18 |
Shares Outstanding | 24.15 |
Equity Value Per Share | -3.20 |
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