Intrinsic Value
Nuveen AMT-Free Quality Municipal I... (NEA)
$10.66
+0.04 (+0.38%)
| Enterprise Value | 70.31 |
|---|---|
| Net Debt | 3.36 |
| Equity Value | 66.94 |
| Shares Outstanding | 298.99 |
| Equity Value Per Share | 0.22 |
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