Intrinsic Value
PIMCO California Municipal Income F... (PZC)
$7.27
+0.08 (+1.11%)
| Enterprise Value | -21.50 |
|---|---|
| Net Debt | 37.50 |
| Equity Value | -59 |
| Shares Outstanding | 22.48 |
| Equity Value Per Share | -2.62 |
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