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