Intrinsic Value
Noranda Income Fund (NIF-UN.TO)
$1.97
-0.01 (-0.51%)
| Enterprise Value | -950.17 |
|---|---|
| Net Debt | 141.43 |
| Equity Value | -1,091.59 |
| Shares Outstanding | 49.99 |
| Equity Value Per Share | -21.84 |
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