Intrinsic Value

Pioneer Municipal High Income Fund,... (MHI)

$8.84

+0.03 (+0.34%)

Enterprise Value -146.41
Net Debt -0.25
Equity Value -146.16
Shares Outstanding 22.77
Equity Value Per Share -6.42



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