Intrinsic Value
PGIM High Yield Bond Fund, Inc. (ISD)
$12.99
+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