Intrinsic Value
Tortoise Pipeline & Energy Fund, In... (TTP)
$32.28
+0.03 (+0.09%)
| Enterprise Value | 126.34 |
|---|---|
| Net Debt | 9.84 |
| Equity Value | 116.50 |
| Shares Outstanding | 2.01 |
| Equity Value Per Share | 57.95 |
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