Intrinsic Value

PGIM High Yield Bond Fund, Inc. (ISD)


+0.01 (+0.08%)

Enterprise Value 714,420,034.18
Net Debt 189.99
Equity Value 714,419,844.19
Shares Outstanding 31.93
Equity Value Per Share 22,375,244.23

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