Intrinsic Value
Nuveen Mortgage and Income Fund (JLS)
$17.48
+0.13 (+0.75%)
| Enterprise Value | 27.14 |
|---|---|
| Net Debt | 39.46 |
| Equity Value | -12.32 |
| Shares Outstanding | 5.48 |
| Equity Value Per Share | -2.25 |
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