Intrinsic Value
PIMCO Municipal Income Fund (PMF)
$8.92
-0.01 (0.00%)
| Enterprise Value | -67.54 |
|---|---|
| Net Debt | 40.30 |
| Equity Value | -107.84 |
| Shares Outstanding | 26.23 |
| Equity Value Per Share | -4.11 |
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