Intrinsic Value
Nuveen New York Select Tax-Free Inc... (NXN)
$11.711
+0.02 (+0.20%)
| Enterprise Value | -0.38 |
|---|---|
| Net Debt | 0.67 |
| Equity Value | -1.05 |
| Shares Outstanding | 3.92 |
| 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