Intrinsic Value

Nuveen Corporate Income 2023 Target... (JHAA)

$8.9557

+0.09 (+0.98%)

Enterprise Value 4.38
Net Debt 24.96
Equity Value -20.58
Shares Outstanding 7.85
Equity Value Per Share -2.62



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