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Ares Dynamic Credit Allocation Fund (Ares Dynamic Credit Allocation Fund) Price-to-Free-Cash-Flow : 8.20 (As of Apr. 30, 2024)


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What is Ares Dynamic Credit Allocation Fund Price-to-Free-Cash-Flow?

As of today (2024-04-30), Ares Dynamic Credit Allocation Fund's share price is $13.8708. Ares Dynamic Credit Allocation Fund's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.69. Hence, Ares Dynamic Credit Allocation Fund's Price-to-Free-Cash-Flow Ratio for today is 8.20.

The historical rank and industry rank for Ares Dynamic Credit Allocation Fund's Price-to-Free-Cash-Flow or its related term are showing as below:

ARDC' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 3.47   Med: 10.28   Max: 16.32
Current: 8.23

During the past 7 years, Ares Dynamic Credit Allocation Fund's highest Price-to-Free-Cash-Flow Ratio was 16.32. The lowest was 3.47. And the median was 10.28.

ARDC's Price-to-Free-Cash-Flow is ranked better than
67.58% of 1024 companies
in the Asset Management industry
Industry Median: 12.9 vs ARDC: 8.23

Ares Dynamic Credit Allocation Fund's Free Cash Flow per Share for the six months ended in Dec. 2023 was $2.50. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $1.69.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Ares Dynamic Credit Allocation Fund was -48.60% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 3.70% per year.

During the past 7 years, Ares Dynamic Credit Allocation Fund's highest 3-Year average Free Cash Flow per Share Growth Rate was 50.20% per year. The lowest was 3.70% per year. And the median was 11.80% per year.


Ares Dynamic Credit Allocation Fund Price-to-Free-Cash-Flow Historical Data

The historical data trend for Ares Dynamic Credit Allocation Fund'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.

Ares Dynamic Credit Allocation Fund Price-to-Free-Cash-Flow Chart

Ares Dynamic Credit Allocation Fund Annual Data
Trend Oct17 Oct18 Oct19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial 14.90 9.43 - 3.52 8.12

Ares Dynamic Credit Allocation Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 3.52 - 8.12

Competitive Comparison of Ares Dynamic Credit Allocation Fund's Price-to-Free-Cash-Flow

For the Asset Management subindustry, Ares Dynamic Credit Allocation Fund'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.


Ares Dynamic Credit Allocation Fund's Price-to-Free-Cash-Flow Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ares Dynamic Credit Allocation Fund's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Ares Dynamic Credit Allocation Fund's Price-to-Free-Cash-Flow falls into.



Ares Dynamic Credit Allocation Fund Price-to-Free-Cash-Flow Calculation

Ares Dynamic Credit Allocation Fund'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)
=13.8708/1.691
=8.20

Ares Dynamic Credit Allocation Fund's Share Price of today is $13.8708.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ares Dynamic Credit Allocation Fund's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.69.

* 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

Ares Dynamic Credit Allocation Fund  (NYSE:ARDC) 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.


Ares Dynamic Credit Allocation Fund Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Ares Dynamic Credit Allocation Fund's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Ares Dynamic Credit Allocation Fund (Ares Dynamic Credit Allocation Fund) Business Description

Traded in Other Exchanges
N/A
Address
2000 Avenue of the Stars, 12th Floor, Los Angeles, CA, USA, 90067
Ares Dynamic Credit Allocation Fund Inc is a closed-end, diversified management investment company. The fund's investment objective is to provide an attractive level of total return, through current income and, secondarily, through capital appreciation. The Fund invests in a broad, dynamically managed portfolio of senior secured loans (Senior Loans) made to companies whose debt is rated below investment grade; corporate bonds (Corporate Bonds) that are high yield issues rated below investment grade; other fixed-income instruments of a similar nature that may be represented by derivatives; and securities of collateralized loan obligations (CLOs).
Executives
John Joseph Shaw director C/O ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Elaine Orr director 143 MAGNOLIA AVENUE, MILLBRAE CA 94030
Bruce H Spector director APOLLO ADVISORS LP, 2 MANHATTANVILLE ROAD, PURCHASE NY 10577
Thrivent Financial For Lutherans 10 percent owner 901 MARQUETTE AVENUE, SUITE 2500, MINNEAPOLIS MN 55402-3211
Aviva Life & Annuity Co 10 percent owner 7700 MILLS CIVIC PARKWAY, WEST DES MOINES IA 50266
Aisg Gp Ltd. 10 percent owner C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTER, 27 HOSPITAL RD, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Athene Usa Corp 10 percent owner 7700 MILLS CIVIC PARWAY, WEST DES MOINES IA 50266
Apollo Management Holdings Gp, Llc 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Athene Holding Ltd 10 percent owner SECOND FLOOR, WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Apollo Insurance Solutions Group Lp 10 percent owner 2121 ROSECRANS AVE, STE 5300, EL SEGUNDO CA 90245
Athene Annuity & Life Assurance Co 10 percent owner 400 BROOKFIELD PARKWAY, GREENVILLE SC 29607
Sun Life Assurance Co Of Canada 10 percent owner ONE YORK STREET, TORONTO A6 M5J 0B6
Apollo Management Holdings, L.p. 10 percent owner 9 W. 57TH STREET, NEW YORK NY 10019
Apollo Capital Management Gp, Llc 10 percent owner 9 WEST 57TH STREET, NEW YORK NY 10019
Apollo Capital Management, L.p. 10 percent owner 9 WEST 57TH STREET, NEW YORK NY 10019