What is Advent Claymore Convertible Securities &ome Fu Earnings Power Value (EPV)?
As of Oct17, Advent Claymore Convertible Securities &ome Fu's earnings power value is $-2.58. *
* GuruFocus does not store EPV value into our database if Average Maintenance CAPEX is 0.
Margin of Safety is
N/A.
The basic concept of EPV is that one should value a stock based on the current free cash flow of a company and not on future projections which may, or may not, come true. It is arguably a better way to analyze stocks than Discounted Cash Flow analysis that relies on highly speculative growth assumptions many years into the future. Assumption: Current profitability is sustainable.
Advent Claymore Convertible Securities &ome Fu Earnings Power Value (EPV) Historical Data
The historical data trend for Advent Claymore Convertible Securities &ome Fu's Earnings Power Value (EPV) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Advent Claymore Convertible Securities &ome Fu Earnings Power Value (EPV) Chart
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Advent Claymore Convertible Securities &ome Fu Annual Data
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Trend |
Oct17 |
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Advent Claymore Convertible Securities &ome Fu Semi-Annual Data
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Oct17 |
Apr18 |
| Earnings Power Value (EPV) |
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Competitive Comparison of Advent Claymore Convertible Securities &ome Fu's Earnings Power Value (EPV)
For the Asset Management subindustry, Advent Claymore Convertible Securities &ome Fu's Earnings Power Value (EPV), along with its competitors' market caps and Earnings Power Value (EPV) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Advent Claymore Convertible Securities &ome Fu's Earnings Power Value (EPV) Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Advent Claymore Convertible Securities &ome Fu's Earnings Power Value (EPV) distribution charts can be found below:
* The bar in red indicates where Advent Claymore Convertible Securities &ome Fu's Earnings Power Value (EPV) falls into.
Advent Claymore Convertible Securities &ome Fu Earnings Power Value (EPV) Calculation
Earnings Power Value also known as just Earnings Power is a valuation technique popularised by Bruce Greenwald, an authority on value investing at Columbia University. It is arguably a better way to analyze stocks than Discounted Cash Flow analysis that relies on highly speculative growth assumptions many years into the future.
The basic concept of EPV is that one should value a stock based on the current free cash flow of a company and not on future projections which may, or may not, come true. This valuation tool excludes the potential growth that a company may have so that needs to be looked at separately. Since future growth is excluded from the analysis, only the maintenance capital expenditures are subtracted from after-tax EBIT (earnings before interest and taxes) and growth capex is ignored.
Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Business Description
Traded in Other Exchanges
N/A
Address
Advent Claymore Convertible Securities & Income Fund of Benefical Interest, formerly known as Advent/claymore Gl Convrtbl Sec & Inc Fd is a diversified, closed-end management investment company. Its investment objective is to provide total return, through a combination of capital appreciation and current income.
Executives
| Advent Capital Management /de/ |
other: Investment Manager |
888 SEVENTH AVENUE, 31ST FLOOR, NEW YORK NY 10019 |
| Tracy V Maitland |
director, officer: Chairman, President & CEO, other: Trustee |
10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018 |
| Saba Capital Management, L.p. |
10 percent owner |
405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174 |
| Boaz Weinstein |
10 percent owner |
405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174 |
| Tony Huang |
officer: V.P. & Assistant Secretary |
227 WEST MONROE STREET, CHICAGO IL 60606 |
| Gerald L Seizert |
director, other: Trustee |
10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018 |
| Daniel Black |
director, other: Trustee |
C/O ADVENT CAPITAL MANAGEMENT, LLC, 1065 AVENUE OF THE AMERICAS, 31ST FLOOR, NEW YORK NY 10018 |
| Paul Latronica |
other: Portfolio Manager |
10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018 |
| Randall C Barnes |
director, other: Trustee |
2455 CORPORATE WEST DRIVE, LISLE IL 60187 |
| Ronald Nyberg |
director, other: Trustee |
10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018 |
| Hart Woodson |
other: Portfolio Manager |
2455 CORPORATE WEST DRIVE LISLE IL 60532 |
| Michael A Smart |
director, other: Trustee |
10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018 |
| Doug Teresko |
other: Managing Director |
1271 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10020 |
| Citigroup Inc |
10 percent owner |
388 GREENWICH STREET, NEW YORK NY 10013 |
| Blue Ridge Investments, L.l.c. |
10 percent owner |
ONE BRYANT PARK, NEW YORK NY 10036 |
Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Headlines
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