Intrinsic Value
BlackRock Municipal Income Fund, In... (MUI)
$11.64
+0.11 (+0.95%)
| Enterprise Value | 10,989.68 |
|---|---|
| Net Debt | 0.12 |
| Equity Value | 10,989.56 |
| Shares Outstanding | 72.87 |
| Equity Value Per Share | 150.81 |
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