Intrinsic Value
Nuveen Select Maturities Municipal ... (NIM)
$8.9
+0.01 (+0.11%)
| Enterprise Value | -3.69 |
|---|---|
| Net Debt | -0.31 |
| Equity Value | -3.37 |
| Shares Outstanding | 12.45 |
| Equity Value Per Share | -0.27 |
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