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BNY Mellon High Yield Strategies Fund (NYSE:DHF) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
BNY Mellon High Yield Strategies Fund's Enterprise Value for the quarter that ended in Mar. 2026 was $245.51 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BNY Mellon High Yield Strategies Fund's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $16.17 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.
BNY Mellon High Yield Strategies Fund EV-to-EBIT Related Terms
BNY Mellon High Yield Strategies Fund EV-to-EBIT Historical Data
* 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.
BNY Mellon High Yield Strategies Fund EV-to-EBIT Chart
For the Asset Management subindustry, BNY Mellon High Yield Strategies Fund's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.
BNY Mellon High Yield Strategies Fund EV-to-EBIT vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BNY Mellon High Yield Strategies Fund's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where BNY Mellon High Yield Strategies Fund's EV-to-EBIT falls into.
BNY Mellon High Yield Strategies Fund's current Enterprise Value is $232.42 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BNY Mellon High Yield Strategies Fund's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $16.17 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.
BNY Mellon High Yield Strategies Fund (DHF) has a EV-to-EBIT of 14.37 as of Sep. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on BNY Mellon High Yield Strategies Fund and its competitors. According to the industry distribution chart, BNY Mellon High Yield Strategies Fund ranks #590 out of 859 companies in the Asset Management industry, placing it in the top 68.7%.
Is BNY Mellon High Yield Strategies Fund's EV-to-EBIT too high?
BNY Mellon High Yield Strategies Fund's current EV-to-EBIT is 14.37. The Asset Management industry median EV-to-EBIT is 9.75. BNY Mellon High Yield Strategies Fund's value of 14.37 is 47.4% above this industry median. Based on the distribution chart, BNY Mellon High Yield Strategies Fund ranks #590 out of 859 companies in the Asset Management industry, which is below the industry midpoint. Overall, BNY Mellon High Yield Strategies Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does BNY Mellon High Yield Strategies Fund's EV-to-EBIT compare to GGT and BSL?
According to the Asset Management industry distribution chart, BNY Mellon High Yield Strategies Fund ranks #590 out of 859 companies for EV-to-EBIT. This places BNY Mellon High Yield Strategies Fund in the lower half of its industry. The industry median EV-to-EBIT is 9.75. BNY Mellon High Yield Strategies Fund's value of 14.37 is 47.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Asset Management company?
The median EV-to-EBIT among Asset Management companies is 9.75, based on 859 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BNY Mellon High Yield Strategies Fund's current EV-to-EBIT of 14.37 is 47.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on BNY Mellon High Yield Strategies Fund and its competitors. For the Asset Management industry, the median EV-to-EBIT is 9.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BNY Mellon High Yield Strategies Fund's current EV-to-EBIT is 14.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BNY Mellon High Yield Strategies Fund stock overvalued right now?
BNY Mellon High Yield Strategies Fund (DHF) has a current EV-to-EBIT of 14.37. The current EV-to-EBIT is 14.37 and 47.4% above the Asset Management industry median of 9.75. BNY Mellon High Yield Strategies Fund's overall GF Score™ is 30/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For BNY Mellon High Yield Strategies Fund (DHF), the current EV-to-EBIT is 14.37 as of Sep. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
BNY Mellon High Yield Strategies Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to seek high current income and its secondary objective is capital appreciation. The fund invests predominantly in fixed-income securities of below-investment-grade credit quality.
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