Intrinsic Value
Nuveen Quality Municipal Income Fun... (NAD)
$10.85
-0.11 (-1.00%)
| Enterprise Value | 51.36 |
|---|---|
| Net Debt | 3.04 |
| Equity Value | 48.32 |
| Shares Outstanding | 233.40 |
| Equity Value Per Share | 0.21 |
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