Intrinsic Value
DWS Municipal Income Trust (KTF)
$9.45
+0.02 (+0.21%)
| Enterprise Value | -10.95 |
|---|---|
| Net Debt | 16.02 |
| Equity Value | -26.98 |
| Shares Outstanding | 39.85 |
| Equity Value Per Share | -0.68 |
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