Intrinsic Value
Nuveen California Quality Municipal... (NAC)
$11.09
+0.02 (+0.18%)
| Enterprise Value | -354.91 |
|---|---|
| Net Debt | 3.20 |
| Equity Value | -358.11 |
| Shares Outstanding | 144.74 |
| Equity Value Per Share | -2.47 |
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