Intrinsic Value
Nuveen Municipal Credit Income Fund (NZF)
$12.07
+0.01 (+0.08%)
| Enterprise Value | -136,094.38 |
|---|---|
| Net Debt | 1,677.22 |
| Equity Value | -137,771.60 |
| Shares Outstanding | 193.73 |
| Equity Value Per Share | -711.16 |
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