Intrinsic Value
Royce Value Trust Inc. (RVT)
$14.29
+0.14 (+0.99%)
| Enterprise Value | 22.19 |
|---|---|
| Net Debt | 34.92 |
| Equity Value | -12.73 |
| Shares Outstanding | 111.74 |
| Equity Value Per Share | -0.11 |
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