Intrinsic Value
Rivernorth Managed Duration Municip... (RMM)
$14.68
+0.07 (+0.48%)
| Enterprise Value | 44.39 |
|---|---|
| Net Debt | 218.28 |
| Equity Value | -173.88 |
| Shares Outstanding | - |
| Equity Value Per Share | -Infinity |
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