Intrinsic Value
BlackRock MuniYield Fund, Inc. (MYD)
$11.02
-0.25 (-2.22%)
| Enterprise Value | 3,265.86 |
|---|---|
| Net Debt | 2.48 |
| Equity Value | 3,263.38 |
| Shares Outstanding | 46.91 |
| Equity Value Per Share | 69.57 |
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