Intrinsic Value
PIMCO California Municipal Income F... (PCK)
$5.751
+0.05 (+0.89%)
| Enterprise Value | -797.77 |
|---|---|
| Net Debt | 68.57 |
| Equity Value | -866.34 |
| Shares Outstanding | 32.25 |
| Equity Value Per Share | -26.86 |
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