Intrinsic Value
Nuveen Corporate Income 2023 Target... (JHAA)
$9.7041
+0.00 (+0.04%)
| Enterprise Value | -5.40 |
|---|---|
| Net Debt | 24.46 |
| Equity Value | -29.86 |
| Shares Outstanding | 7.77 |
| Equity Value Per Share | -3.84 |
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