Intrinsic Value
PIMCO Municipal Income Fund II (PML)
$8.175
+0.03 (+0.31%)
| Enterprise Value | -43.59 |
|---|---|
| Net Debt | 138.57 |
| Equity Value | -182.16 |
| Shares Outstanding | 66.42 |
| Equity Value Per Share | -2.74 |
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