Intrinsic Value
PCM Fund Inc. (PCM)
$8.38
+0.01 (+0.12%)
| Enterprise Value | 2.47 |
|---|---|
| Net Debt | 67.28 |
| Equity Value | -64.81 |
| Shares Outstanding | 11.91 |
| Equity Value Per Share | -5.44 |
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