Intrinsic Value
RiverNorth/DoubleLine Strategic Opp... (OPP)
$9.16
+0.14 (+1.55%)
Enterprise Value | 131.39 |
---|---|
Net Debt | -0 |
Equity Value | 131.39 |
Shares Outstanding | 13.29 |
Equity Value Per Share | 9.89 |
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