Intrinsic Value
Nuveen California AMT-Free Quality ... (NKX)
$12.03
+0.09 (+0.75%)
Enterprise Value | -1,087,480,679.25 |
---|---|
Net Debt | 2.35 |
Equity Value | -1,087,480,681.60 |
Shares Outstanding | 47.53 |
Equity Value Per Share | -22,878,203.65 |
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