Intrinsic Value
Nuveen Multi-Market Income Fund (JMM)
$5.83
-0.05 (-0.85%)
| Enterprise Value | -1,077.14 |
|---|---|
| Net Debt | 25.26 |
| Equity Value | -1,102.40 |
| Shares Outstanding | 9.46 |
| Equity Value Per Share | -116.50 |
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