Intrinsic Value
Lazard Global Total Return and Inco... (LGI)
$15.6403
+0.08 (+0.52%)
| Enterprise Value | 3.41 |
|---|---|
| Net Debt | 24.06 |
| Equity Value | -20.65 |
| Shares Outstanding | 13.01 |
| Equity Value Per Share | -1.59 |
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