EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Tri-Continental's Enterprise Value is $1,586.6 Mil.
Tri-Continental's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $0.0 Mil. Therefore, Tri-Continental's EV-to-FCF for today is .
The historical rank and industry rank for Tri-Continental's EV-to-FCF or its related term are showing as below:
TY's EV-to-FCF is not ranked *
in the Asset Management industry.
Industry Median: 13.48 * Ranked among companies with meaningful EV-to-FCF only.
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.
The historical data trend for Tri-Continental'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.
Competitive Comparison of Tri-Continental's EV-to-FCF
For the Asset Management subindustry, Tri-Continental'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.
Tri-Continental's EV-to-FCF Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Tri-Continental's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Tri-Continental's EV-to-FCF falls into.
Tri-Continental's current Enterprise Value is $1,586.6 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tri-Continental's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $0.0 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.
Tri-Continental (NYSE:TY) 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.
Tri-Continental's PE Ratio for today is calculated as:
Tri-Continental's share price for today is $29.77.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tri-Continental's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $4.766.
* 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.
Tri-Continental EV-to-FCF Related Terms
Thank you for viewing the detailed overview of Tri-Continental's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Tri-Continental (Tri-Continental) Business Description
Tri-Continental Corp is a United States-based closed-end management investment company. It invests to produce future growth of both capital and income while providing reasonable current income. The fund is divided into two equal segments namely, the equity segment uses quantitative models to select individual stocks whereas the Flexible capital income segment invests across a company's investable capital structure, including stocks, bonds, and convertible securities. The Fund invests in a range of sectors, which include consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, industrials, materials, real estate, telecommunication services, utilities, aerospace and defense, banking, chemicals, and others.
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