Intrinsic Value
PIMCO California Municipal Income F... (PCQ)
$9.27
+0.06 (+0.65%)
| Enterprise Value | -88.63 |
|---|---|
| Net Debt | 34.50 |
| Equity Value | -123.12 |
| Shares Outstanding | 18.98 |
| Equity Value Per Share | -6.49 |
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