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Mfs Highome Municipal Trust (Mfs Highome Municipal Trust) Price-to-Free-Cash-Flow : 12.66 (As of Apr. 29, 2024)


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What is Mfs Highome Municipal Trust Price-to-Free-Cash-Flow?

As of today (2024-04-29), Mfs Highome Municipal Trust's share price is $3.52. Mfs Highome Municipal Trust's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.28. Hence, Mfs Highome Municipal Trust's Price-to-Free-Cash-Flow Ratio for today is 12.66.

The historical rank and industry rank for Mfs Highome Municipal Trust's Price-to-Free-Cash-Flow or its related term are showing as below:

CXE' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 5.44   Med: 17.19   Max: 22.17
Current: 12.66

During the past 7 years, Mfs Highome Municipal Trust's highest Price-to-Free-Cash-Flow Ratio was 22.17. The lowest was 5.44. And the median was 17.19.

CXE's Price-to-Free-Cash-Flow is ranked better than
50.2% of 1024 companies
in the Asset Management industry
Industry Median: 12.795 vs CXE: 12.66

Mfs Highome Municipal Trust's Free Cash Flow per Share for the six months ended in Nov. 2023 was $0.20. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $0.28.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Mfs Highome Municipal Trust was -48.50% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -0.10% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 6.60% per year.

During the past 7 years, Mfs Highome Municipal Trust's highest 3-Year average Free Cash Flow per Share Growth Rate was 29.80% per year. The lowest was -4.20% per year. And the median was -0.90% per year.


Mfs Highome Municipal Trust Price-to-Free-Cash-Flow Historical Data

The historical data trend for Mfs Highome Municipal Trust's Price-to-Free-Cash-Flow 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.

Mfs Highome Municipal Trust Price-to-Free-Cash-Flow Chart

Mfs Highome Municipal Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial 21.94 17.06 20.16 6.64 11.89

Mfs Highome Municipal Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.16 - 6.64 - 11.89

Competitive Comparison of Mfs Highome Municipal Trust's Price-to-Free-Cash-Flow

For the Asset Management subindustry, Mfs Highome Municipal Trust's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Mfs Highome Municipal Trust's Price-to-Free-Cash-Flow Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mfs Highome Municipal Trust's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Mfs Highome Municipal Trust's Price-to-Free-Cash-Flow falls into.



Mfs Highome Municipal Trust Price-to-Free-Cash-Flow Calculation

Mfs Highome Municipal Trust's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=3.52/0.278
=12.66

Mfs Highome Municipal Trust's Share Price of today is $3.52.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mfs Highome Municipal Trust's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.28.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Mfs Highome Municipal Trust  (NYSE:CXE) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Mfs Highome Municipal Trust Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Mfs Highome Municipal Trust's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Mfs Highome Municipal Trust (Mfs Highome Municipal Trust) Business Description

Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
Mfs High Income Municipal Trust is a United States-based diversified closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax. The fund invests a majority of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in tax-exempt bonds and tax-exempt notes.
Executives
Linda Dougherty other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Michael L Dawson other: PORTFOLIO MANAGER 500 BOYLSTON STREET, BOSTON MA 02116
Rosa Licea-mailloux other: CHIEF COMPLIANCE OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Manjit Singh director 111 HUNTINGTON AVENUE, BOSTON MA 02072
Jason Kosty other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Jacques Jr Goulet other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Melissa Kennedy other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones director 111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney officer: Officer of Advisor 111 HUNTINGTON AVENUE, BOSTON MA 02199
Carol W. Geremia officer: PRESIDENT 111 HUNTINGTON AVENUE, BOSTON MA 02199
Kevin D Strain other: Officer of Advisor MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
John A Caroselli director ONE METROTECH CENTER, BROOKLYN NY 11201
Clarence Jr Otis director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036