Intrinsic Value
Nuveen Corporate Income 2023 Target... (JHAA)
$9.29
-0.01 (-0.11%)
| Enterprise Value | 4.81 |
|---|---|
| Net Debt | 24.96 |
| Equity Value | -20.15 |
| Shares Outstanding | 7.85 |
| Equity Value Per Share | -2.57 |
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