Intrinsic Value
Royce Micro-Cap Trust, Inc. (RMT)
$8.48
+0.23 (+2.79%)
Enterprise Value | -73.17 |
---|---|
Net Debt | 11 |
Equity Value | -84.17 |
Shares Outstanding | 43.76 |
Equity Value Per Share | -1.92 |
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