MainStay CBRE Global Infrastructure Megatrends Fund (MainStay CBRE Global Infrastructure Megatrends Fund) EV-to-FCF : (As of May. 14, 2024)

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What is MainStay CBRE Global Infrastructure Megatrends Fund EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, MainStay CBRE Global Infrastructure Megatrends Fund's Enterprise Value is $965.39 Mil. MainStay CBRE Global Infrastructure Megatrends Fund does not have enough years/quarters to calculate its Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2023. Therefore, GuruFocus does not calculate MainStay CBRE Global Infrastructure Megatrends Fund's EV-to-FCF at this moment.

The historical rank and industry rank for MainStay CBRE Global Infrastructure Megatrends Fund's EV-to-FCF or its related term are showing as below:

MEGI' s EV-to-FCF Range Over the Past 10 Years
Min: 0 Med: 0 Max: 6.89
Current: 6.89

During the past 2 years, the highest EV-to-FCF of MainStay CBRE Global Infrastructure Megatrends Fund was 6.89. The lowest was 0.00. And the median was 0.00.

MEGI's EV-to-FCF is ranked better than
75.52% of 1058 companies
in the Asset Management industry
Industry Median: 13.725 vs MEGI: 6.89

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 (2024-05-14), MainStay CBRE Global Infrastructure Megatrends Fund's stock price is $13.23. MainStay CBRE Global Infrastructure Megatrends Fund does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2023. Therefore, GuruFocus does not calculate MainStay CBRE Global Infrastructure Megatrends Fund's PE Ratio at this moment.

MainStay CBRE Global Infrastructure Megatrends Fund EV-to-FCF Historical Data

The historical data trend for MainStay CBRE Global Infrastructure Megatrends 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.

MainStay CBRE Global Infrastructure Megatrends Fund EV-to-FCF Chart

MainStay CBRE Global Infrastructure Megatrends Fund Annual Data

Trend

May22

May23

EV-to-FCF

5.26

MainStay CBRE Global Infrastructure Megatrends Fund Semi-Annual Data
	Nov22	May23	Nov23
EV-to-FCF	-	-	-

Competitive Comparison of MainStay CBRE Global Infrastructure Megatrends Fund's EV-to-FCF

For the Asset Management subindustry, MainStay CBRE Global Infrastructure Megatrends 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.

MainStay CBRE Global Infrastructure Megatrends Fund's EV-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MainStay CBRE Global Infrastructure Megatrends Fund's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where MainStay CBRE Global Infrastructure Megatrends Fund's EV-to-FCF falls into.

MainStay CBRE Global Infrastructure Megatrends Fund EV-to-FCF Calculation

MainStay CBRE Global Infrastructure Megatrends Fund's EV-to-FCF for today is calculated as:

EV-to-FCF	=	Enterprise Value (Today)	/	Free Cash Flow (TTM)
	=	965.385	/
	=

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE:MEGI) EV-to-FCF Explanation

MainStay CBRE Global Infrastructure Megatrends Fund's PE Ratio for today is calculated as:

PE Ratio	=	Share Price (Today)	/	Earnings per Share (Diluted) (TTM)
	=	13.23	/
	=

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.

MainStay CBRE Global Infrastructure Megatrends Fund EV-to-FCF Related Terms

Thank you for viewing the detailed overview of MainStay CBRE Global Infrastructure Megatrends Fund's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.

MainStay CBRE Global Infrastructure Megatrends Fund (MainStay CBRE Global Infrastructure Megatrends Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MainStay CBRE Global Infrastructure Megatrends Fund (NYSE:MEGI) » Definitions » EV-to-FCF

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Madison Avenue, New York, NY, USA, 10010

Website

https://www.newyorklifeinvestments.com

MainStay CBRE Global Infrastructure Megatrends Fund is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of total return with an emphasis on current income.

Executives

Jacques P Perold	director	51 MADISON AVENUE, NEW YORK NY 10010
Joseph P Smith	other: Portfolio Manager	201 KING OF PRUSSIA RD SUITE 600, RADNOR PA 19087
Jeremy Anagnos	other: Portfolio Manager	201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Naim Abou-jaoude	other: CEO, NY LIFE INVEST MGMENT LLC	200 ALDERSGATE STREET, C/O CANDRIAM, NORTH ENTRANCE, LONDON X0 EC1A4HD
Alain M Karaoglan	other: Chairman & Interim CEO	230 PARK AVENUE, NEW YORK NY 10169
Richard S Trutanic	director	51 MADISON AVENUE, NEW YORK NY 10010
Kevin M Gleason	officer: Chief Compliance Officer	30 HUDSON STREET, JERSEY CITY NJ 07302
Daniel Ryan Foley	other: Portfolio Manager	201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Kirk C Lehneis	officer: President	51 MADISON AVENUE, NEW YORK NY 10010
Hinds Howard	other: Portfolio Manager	201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Cbre Investment Management Listed Real Assets Llc	other: Subadviser	555 EAST LANCASTER AVENUE, SUITE 120, RADNOR PA 19087
Alan R Latshaw	director	51 MADISON AVENUE, NEW YORK NY 10010
Yie-hsin Hung	director	30 HUDSON STREET, JERSEY CITY NJ 07302
Scott T Harrington	officer: Vice President-Administration	169 LACKAWANNA AVENUE, PARSIPPANY NJ 07054
Susan B Kerley	director	51 MADISON AVENUE, NEW YORK NY 10010