Intrinsic Value
Pioneer Municipal High Income Advan... (MAV)
$8.15
+0.05 (+0.62%)
Enterprise Value | -28.51 |
---|---|
Net Debt | -0.29 |
Equity Value | -28.21 |
Shares Outstanding | 23.91 |
Equity Value Per Share | -1.18 |
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