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