Intrinsic Value

MainStay MacKay Convertible Fund Cl... (MCNVX)

$18

-0.03 (-0.17%)

Enterprise Value -
Net Debt -7.75
Equity Value -
Shares Outstanding 27.91
Equity Value Per Share -



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