GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Trust Senior Floating Rate Income Fund II (NYSE:FCT) » Definitions » EV-to-FCF

First Trust Senior Floating Rateome Fund II (First Trust Senior Floating Rateome Fund II) EV-to-FCF : 32.22 (As of May. 24, 2024)


View and export this data going back to . Start your Free Trial

What is First Trust Senior Floating Rateome Fund II EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, First Trust Senior Floating Rateome Fund II's Enterprise Value is $332.17 Mil. First Trust Senior Floating Rateome Fund II's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2023 was $10.31 Mil. Therefore, First Trust Senior Floating Rateome Fund II's EV-to-FCF for today is 32.22.

The historical rank and industry rank for First Trust Senior Floating Rateome Fund II's EV-to-FCF or its related term are showing as below:

FCT' s EV-to-FCF Range Over the Past 10 Years
Min: 2.98   Med: 17.52   Max: 42.86
Current: 32.24

During the past 6 years, the highest EV-to-FCF of First Trust Senior Floating Rateome Fund II was 42.86. The lowest was 2.98. And the median was 17.52.

FCT's EV-to-FCF is ranked worse than
77.68% of 1062 companies
in the Asset Management industry
Industry Median: 13.405 vs FCT: 32.24

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-24), First Trust Senior Floating Rateome Fund II's stock price is $10.39. First Trust Senior Floating Rateome Fund II's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2023 was $1.113. Therefore, First Trust Senior Floating Rateome Fund II's PE Ratio for today is 9.34.


First Trust Senior Floating Rateome Fund II EV-to-FCF Historical Data

The historical data trend for First Trust Senior Floating Rateome Fund II's EV-to-FCF 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.

* Premium members only.

First Trust Senior Floating Rateome Fund II EV-to-FCF Chart

First Trust Senior Floating Rateome Fund II Annual Data
Trend May18 May19 May20 May21 May22 May23
EV-to-FCF
Get a 7-Day Free Trial 39.79 6.10 19.22 8.84 3.04

First Trust Senior Floating Rateome Fund II Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 8.84 - 3.04 -

Competitive Comparison of First Trust Senior Floating Rateome Fund II's EV-to-FCF

For the Asset Management subindustry, First Trust Senior Floating Rateome Fund II's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


First Trust Senior Floating Rateome Fund II's EV-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Senior Floating Rateome Fund II's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where First Trust Senior Floating Rateome Fund II's EV-to-FCF falls into.



First Trust Senior Floating Rateome Fund II EV-to-FCF Calculation

First Trust Senior Floating Rateome Fund II's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=332.167/10.31
=32.22

First Trust Senior Floating Rateome Fund II's current Enterprise Value is $332.17 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Trust Senior Floating Rateome Fund II's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2023 was $10.31 Mil.

* 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.


First Trust Senior Floating Rateome Fund II  (NYSE:FCT) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

First Trust Senior Floating Rateome Fund II's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=10.39/1.113
=9.34

First Trust Senior Floating Rateome Fund II's share price for today is $10.39.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Trust Senior Floating Rateome Fund II's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2023 was $1.113.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


First Trust Senior Floating Rateome Fund II EV-to-FCF Related Terms

Thank you for viewing the detailed overview of First Trust Senior Floating Rateome Fund II's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


First Trust Senior Floating Rateome Fund II (First Trust Senior Floating Rateome Fund II) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Senior Floating Rate Income Fund II is the United States based diversified, closed-end management investment company. Its investment objective is to seek a high level of current income. As a secondary objective, the fund attempts to preserve capital. The fund seeks to achieve the objectives by investing primarily in a portfolio of senior floating-rate loan interests. Its portfolio of investments consists of aerospace and defense, agricultural products, broadcasting, cable and satellite, electric utilities and other sectors.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Thomas R Kadlec director C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer-Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer-Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Orlando Purpura other: Portfolio Manager FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jeffrey M Scott other: Portfolio Manager FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Housey William A Jr other: Officer of Advisor, Port. Mgr. FIRST TRUST ADVISORS L.P., 120 E. LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott D Fries other: Officer of Advisor, Port. Mgr. FIRST TRUST ADVISORS L.P., 120 E. LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
James A Bowen director, officer: President C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
David Mcgarel other: Officer of the Adviser C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Daniel J Lindquist officer: Vice President C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187

First Trust Senior Floating Rateome Fund II (First Trust Senior Floating Rateome Fund II) Headlines

From GuruFocus