Intrinsic Value
Madison Covered Call & Equity Strat... (MCN)
$7.13
+0.04 (+0.56%)
| Enterprise Value | 337.10 |
|---|---|
| Net Debt | 38.49 |
| Equity Value | 298.61 |
| Shares Outstanding | 21.06 |
| Equity Value Per Share | 14.18 |
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