Intrinsic Value
BlackRock MuniYield Michigan Qualit... (MIY)
$11.21
+0.15 (+1.36%)
Enterprise Value | 6.71 |
---|---|
Net Debt | 0.05 |
Equity Value | 6.66 |
Shares Outstanding | 33.42 |
Equity Value Per Share | 0.20 |
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