Intrinsic Value
BlackRock MuniHoldings California Q... (MUC)
$10.71
-0.03 (-0.28%)
| Enterprise Value | 107.40 |
|---|---|
| Net Debt | 619.57 |
| Equity Value | -512.17 |
| Shares Outstanding | 95.43 |
| Equity Value Per Share | -5.37 |
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