Intrinsic Value
PACE International Equity Investmen... (PWGAX)
$17.66
-0.15 (-0.84%)
Enterprise Value | 16.54 |
---|---|
Net Debt | -2,160.53 |
Equity Value | 2,177.07 |
Shares Outstanding | 110.19 |
Equity Value Per Share | 19.76 |
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