Intrinsic Value
PIMCO New York Municipal Income Fun... (PNF)
$7.5
-0.01 (0.00%)
| Enterprise Value | -18.95 |
|---|---|
| Net Debt | 2.54 |
| Equity Value | -21.49 |
| Shares Outstanding | 7.87 |
| Equity Value Per Share | -2.73 |
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