Intrinsic Value
Flaherty & Crumrine Preferred Incom... (PFD)
$10.23
+0.12 (+1.19%)
| Enterprise Value | 1.35 |
|---|---|
| Net Debt | 91.10 |
| Equity Value | -89.75 |
| Shares Outstanding | 12.56 |
| Equity Value Per Share | -7.14 |
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