Intrinsic Value
Nuveen Floating Rate Income Opportu... (JRO)
$7.88
+0.08 (+1.03%)
| Enterprise Value | 1,800.60 |
|---|---|
| Net Debt | 158.15 |
| Equity Value | 1,642.45 |
| Shares Outstanding | 40.52 |
| Equity Value Per Share | 40.54 |
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