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Advent Convertible &ome Fund (Advent Convertible &ome Fund) EV-to-FCF : 15.53 (As of May. 19, 2024)


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What is Advent Convertible &ome Fund EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Advent Convertible &ome Fund's Enterprise Value is $764.27 Mil. Advent Convertible &ome Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Oct. 2023 was $49.21 Mil. Therefore, Advent Convertible &ome Fund's EV-to-FCF for today is 15.53.

The historical rank and industry rank for Advent Convertible &ome Fund's EV-to-FCF or its related term are showing as below:

AVK' s EV-to-FCF Range Over the Past 10 Years
Min: 4.45   Med: 15.19   Max: 28.87
Current: 15.53

During the past 7 years, the highest EV-to-FCF of Advent Convertible &ome Fund was 28.87. The lowest was 4.45. And the median was 15.19.

AVK's EV-to-FCF is ranked worse than
55.3% of 1056 companies
in the Asset Management industry
Industry Median: 13.475 vs AVK: 15.53

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 (2024-05-19), Advent Convertible &ome Fund's stock price is $12.02. Advent Convertible &ome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2023 was $-0.207. Therefore, Advent Convertible &ome Fund's PE Ratio for today is At Loss.


Advent Convertible &ome Fund EV-to-FCF Historical Data

The historical data trend for Advent Convertible &ome Fund'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.

Advent Convertible &ome Fund EV-to-FCF Chart

Advent Convertible &ome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
EV-to-FCF
Get a 7-Day Free Trial 18.23 7.14 20.21 10.82 13.75

Advent Convertible &ome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.21 - 10.82 - 13.75

Competitive Comparison of Advent Convertible &ome Fund's EV-to-FCF

For the Asset Management subindustry, Advent Convertible &ome Fund'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.


Advent Convertible &ome Fund's EV-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Advent Convertible &ome Fund's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Advent Convertible &ome Fund's EV-to-FCF falls into.



Advent Convertible &ome Fund EV-to-FCF Calculation

Advent Convertible &ome Fund's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=764.268/49.21
=15.53

Advent Convertible &ome Fund's current Enterprise Value is $764.27 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Advent Convertible &ome Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Oct. 2023 was $49.21 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.


Advent Convertible &ome Fund  (NYSE:AVK) 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.

Advent Convertible &ome Fund's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=12.02/-0.207
=At Loss

Advent Convertible &ome Fund's share price for today is $12.02.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Advent Convertible &ome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2023 was $-0.207.

* 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.


Advent Convertible &ome Fund EV-to-FCF Related Terms

Thank you for viewing the detailed overview of Advent Convertible &ome Fund's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Advent Convertible &ome Fund (Advent Convertible &ome Fund) Business Description

Traded in Other Exchanges
N/A
Address
888 Seventh Avenue, 31st Floor, New York, NY, USA, 10019
Advent Convertible & Income Fund is a diversified, closed-end management investment company. The fund's investment objective is to provide total return through a combination of capital appreciation and current income. The Fund invests in various sectors, such as communications, utilities, energy, industrial, technology, and others.
Executives
Tracy V Maitland officer: President, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Nancy E. Stuebe director, other: Trustee 227 W MONROE STREET, CHICAGO IL 60606
Advent Capital Management /de/ other: Investment Manager 888 SEVENTH AVENUE, 31ST FLOOR, NEW YORK NY 10019
Stephen Ellwood officer: CCO & Secretary 888 SEVENTH STREET, 31ST FLOOR, NEW YORK NY 10019
Olin Kathleen Capital Management officer: CCO and Secretary 888 7TH AVENUE 31ST FLOOR, NEW YORK NY 10019
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Gerald L Seizert director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Michael A Smart other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Derek Medina director ABC NEWS, 47 WEST 66TH STREET, NEW YORK NY 100123
Tony Huang officer: V.P. & Assistant Secretary 227 WEST MONROE STREET, CHICAGO IL 60606
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
Daniel Black director, other: Trustee C/O ADVENT CAPITAL MANAGEMENT, LLC, 1065 AVENUE OF THE AMERICAS, 31ST FLOOR, NEW YORK NY 10018
Ronald Nyberg director 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

Advent Convertible &ome Fund (Advent Convertible &ome Fund) Headlines