Intrinsic Value
PGIM High Yield Bond Fund, Inc. (ISD)
$11.67
0.00 (0.00%)
| Enterprise Value | 2,880,357,147.92 |
|---|---|
| Net Debt | 189.99 |
| Equity Value | 2,880,356,957.93 |
| Shares Outstanding | 31.93 |
| Equity Value Per Share | 90,211,226.52 |
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