Intrinsic Value
Tortoise Energy Infrastructure Corp... (TYG)
$31.92
-0.03 (-0.09%)
| Enterprise Value | -60.98 |
|---|---|
| Net Debt | 72.10 |
| Equity Value | -133.08 |
| Shares Outstanding | 10.76 |
| Equity Value Per Share | -12.36 |
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