Intrinsic Value
CABCO Trust for JC Penney Debenture... (PFH)
$19.68
+0.25 (+1.29%)
| Enterprise Value | -80,721.89 |
|---|---|
| Net Debt | 1,455 |
| Equity Value | -82,176.89 |
| Shares Outstanding | 364.60 |
| Equity Value Per Share | -225.39 |
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