Intrinsic Value

Royce Micro-Cap Trust, Inc. (RMT)


-0.01 (-0.12%)

Enterprise Value -73.33
Net Debt 11
Equity Value -84.33
Shares Outstanding 43.76
Equity Value Per Share -1.93

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