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Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund PS Ratio : 39.69 (As of May. 12, 2024)


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What is Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's share price is $7.70. Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.19. Hence, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's PS Ratio for today is 39.69.

Good Sign:

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund stock PS Ratio (=32.91) is close to 1-year low of 30.34

The historical rank and industry rank for Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's PS Ratio or its related term are showing as below:

MFD' s PS Ratio Range Over the Past 10 Years
Min: 4.56   Med: 6.57   Max: 73.78
Current: 39.69

During the past 7 years, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's highest PS Ratio was 73.78. The lowest was 4.56. And the median was 6.57.

MFD's PS Ratio is ranked worse than
88.47% of 1422 companies
in the Asset Management industry
Industry Median: 8.645 vs MFD: 39.69

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Revenue per Sharefor the six months ended in Nov. 2023 was $0.24. Its Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.19.

During the past 12 months, the average Revenue per Share Growth Rate of Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund was 96.60% per year.

During the past 7 years, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's highest 3-Year average Revenue per Share Growth Rate was -56.10% per year. The lowest was -56.10% per year. And the median was -56.10% per year.

Back to Basics: PS Ratio


Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund PS Ratio Historical Data

The historical data trend for Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's PS Ratio 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.

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund PS Ratio Chart

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
PS Ratio
Get a 7-Day Free Trial 7.26 - 6.49 73.45 33.03

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.49 - 73.45 - 33.03

Competitive Comparison of Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's PS Ratio

For the Asset Management subindustry, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's PS Ratio, along with its competitors' market caps and PS Ratio 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.


Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's PS Ratio distribution charts can be found below:

* The bar in red indicates where Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's PS Ratio falls into.



Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=7.70/0.194
=39.69

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Share Price of today is $7.70.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Revenue per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.19.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund  (NYSE:MFD) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund PS Ratio Related Terms

Thank you for viewing the detailed overview of Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund is a diversified, closed-end management company. Its objective is to seek a high level of current return consisting of dividends, interest, and other similar income while attempting to preserve capital. The fund seeks to achieve its objective by investing in the securities of companies involved in the management, ownership, and operation of infrastructure and utilities. It also invests in senior secured loans generally considered to be high-yield securities. The company portfolio of investments consists of the investment in the common stocks, master limited partnerships, and senior floating-rate loan interests.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
William H Speacht other: Investment Advisor 2005 MARKET ST, 34TH FL, PHILADELPHIA PA 19103
Thomas R Kadlec director C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer-Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer-Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Robert F Keith director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Fink William J Jr other: Officer-Investment Sub-Advisor 125 WEST 55TH STREET, LEVEL 15, NEW YORK NY 10019
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
John H Kim other: Officer-Investment Sub-Advisor C/O ANJIE LAROCCA, DEUTSCHE BANK, 1251 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Jonathan S Ong other: Officer-Investment Sub-Advisor 1 MARTIN PLACE, LEVEL 21, SYDNEY C3 2000
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Anthony Felton other: Officer-Investment Sub-Advisor 1 MARTIN PLACE, LEVEL 21, SYDNEY C3 2000
Andrew Maple-brown other: Officer-Investment Sub-Advisor 125 WEST 55TH STREET, LEVEL 15, NEW YORK NY 10019

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Headlines

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