Intrinsic Value
John Hancock Premium Dividend Fund (PDT)
$15.98
+0.32 (+2.04%)
| Enterprise Value | 5,647,171.08 |
|---|---|
| Net Debt | -0.13 |
| Equity Value | 5,647,171.22 |
| Shares Outstanding | 48.50 |
| Equity Value Per Share | 116,429.97 |
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