Intrinsic Value
Nuveen New Jersey Quality Municipal... (NXJ)
$11.8
-0.04 (-0.38%)
| Enterprise Value | -31,740,203,452,632,828 |
|---|---|
| Net Debt | -7.81 |
| Equity Value | -31,740,203,452,632,820 |
| Shares Outstanding | 41.48 |
| Equity Value Per Share | -765,138,789,902,258.13 |
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