Intrinsic Value
Tortoise Energy Independence Fund, ... (NDP)
$34.135
-0.01 (-0.01%)
| Enterprise Value | -0.03 |
|---|---|
| Net Debt | 8.80 |
| Equity Value | -8.83 |
| Shares Outstanding | 1.67 |
| Equity Value Per Share | -5.30 |
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