IHD (Voya Emerging Markets High Dividend Equity Fund) EV-to-EBITDA: 3.17 (As of Sep. 22, 2026)

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IHD Voya Emerging Markets High Dividend Equity Fund IHD
50 GF Score
Price $7.72
GF Value $25.15
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Voya Emerging Markets High Dividend Equity Fund EV-to-EBITDA?

Voya Emerging Markets High Dividend Equity Fund IHD -0.33% 50 EV-to-EBITDA is 3.17 as of Sep. 22, 2026. GuruFocus rates IHD with a GF Score™ of 50/100 and a GF Value™ of $25.15 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 874 Asset Management companies, Voya Emerging Markets High Dividend Equity Fund ranks better than 84.55% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Voya Emerging Markets High Dividend Equity Fund's enterprise value is $136.79 Mil. Voya Emerging Markets High Dividend Equity Fund's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was $43.18 Mil. Therefore, Voya Emerging Markets High Dividend Equity Fund's EV-to-EBITDA for today is 3.17.

The historical rank and industry rank for Voya Emerging Markets High Dividend Equity Fund's EV-to-EBITDA or its related term are showing as below:

IHD' s EV-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.18
Current: 3.17

During the past 9 years, the highest EV-to-EBITDA of Voya Emerging Markets High Dividend Equity Fund was 3.18. The lowest was 0.00. And the median was 0.00.

IHD's EV-to-EBITDA is ranked better than
84.55% of 874 companies
in the Asset Management industry
Industry Median: 9.23 vs IHD: 3.17

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. 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.

As of today (2026-09-22), Voya Emerging Markets High Dividend Equity Fund's stock price is $7.7247. Voya Emerging Markets High Dividend Equity Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was $2.435. Therefore, Voya Emerging Markets High Dividend Equity Fund's PE Ratio (TTM) for today is 3.17.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Voya Emerging Markets High Dividend Equity Fund  (NYSE:IHD) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Voya Emerging Markets High Dividend Equity Fund's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=7.7247/2.435
=3.17

Voya Emerging Markets High Dividend Equity Fund's share price for today is $7.7247.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Voya Emerging Markets High Dividend Equity Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was $2.435.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Voya Emerging Markets High Dividend Equity Fund EV-to-EBITDA Related Terms


Voya Emerging Markets High Dividend Equity Fund EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Voya Emerging Markets High Dividend Equity Fund's EV-to-EBITDA 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.

Voya Emerging Markets High Dividend Equity Fund EV-to-EBITDA Chart

Voya Emerging Markets High Dividend Equity Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only -35.44 -5.57 8.87 10.17 2.89

Voya Emerging Markets High Dividend Equity Fund Semi-Annual Data
Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.87 6.21 10.17 6.34 2.89

IHD vs BGX, CIK, HYI: EV-to-EBITDA Comparison

For the Asset Management subindustry, Voya Emerging Markets High Dividend Equity Fund's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Voya Emerging Markets High Dividend Equity Fund EV-to-EBITDA vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Voya Emerging Markets High Dividend Equity Fund's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Voya Emerging Markets High Dividend Equity Fund's EV-to-EBITDA falls into.


IHD
50GF Score
Voya Emerging Markets High Dividend Equity Fund IHD
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Voya Emerging Markets High Dividend Equity Fund EV-to-EBITDA Calculation

Voya Emerging Markets High Dividend Equity Fund's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=136.790/43.18061
=3.17

Voya Emerging Markets High Dividend Equity Fund's current Enterprise Value is $136.79 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Voya Emerging Markets High Dividend Equity Fund's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was $43.18 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 3.17 mean?
Voya Emerging Markets High Dividend Equity Fund (IHD) has a EV-to-EBITDA of 3.17 as of Sep. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Voya Emerging Markets High Dividend Equity Fund. According to the industry distribution chart, Voya Emerging Markets High Dividend Equity Fund ranks #135 out of 874 companies in the Asset Management industry, placing it in the top 15.4%.
Is Voya Emerging Markets High Dividend Equity Fund's EV-to-EBITDA too high?
Voya Emerging Markets High Dividend Equity Fund's current EV-to-EBITDA is 3.17. The Asset Management industry median EV-to-EBITDA is 9.23. Voya Emerging Markets High Dividend Equity Fund's value of 3.17 is 65.7% below this industry median. Based on the distribution chart, Voya Emerging Markets High Dividend Equity Fund ranks #135 out of 874 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Voya Emerging Markets High Dividend Equity Fund has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Voya Emerging Markets High Dividend Equity Fund's EV-to-EBITDA compare to BGX and CIK?
According to the Asset Management industry distribution chart, Voya Emerging Markets High Dividend Equity Fund ranks #135 out of 874 companies for EV-to-EBITDA. This places Voya Emerging Markets High Dividend Equity Fund in the top 15% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.23. Voya Emerging Markets High Dividend Equity Fund's value of 3.17 is 65.7% below 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-EBITDA for an Asset Management company?
The median EV-to-EBITDA among Asset Management companies is 9.23, based on 874 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Voya Emerging Markets High Dividend Equity Fund's current EV-to-EBITDA of 3.17 is 65.7% below 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Voya Emerging Markets High Dividend Equity Fund. For the Asset Management industry, the median EV-to-EBITDA is 9.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voya Emerging Markets High Dividend Equity Fund's current EV-to-EBITDA is 3.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voya Emerging Markets High Dividend Equity Fund stock overvalued right now?
Based on GuruFocus' analysis, Voya Emerging Markets High Dividend Equity Fund (IHD) is currently considered Significantly Undervalued. The stock's GF Value™ is $25.15, compared to a current price of $7.72 — trading 69.3% below its estimated fair value. The current EV-to-EBITDA is 3.17 and 65.7% below the Asset Management industry median of 9.23. Voya Emerging Markets High Dividend Equity Fund's overall GF Score™ is 50/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Voya Emerging Markets High Dividend Equity Fund (IHD), the current EV-to-EBITDA is 3.17 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.

Is Voya Emerging Markets High Dividend Equity Fund (IHD) Overvalued in 2026?

Based on GuruFocus' analysis, Voya Emerging Markets High Dividend Equity Fund stock appears to be undervalued. The current stock price of $7.72 is trading 69.3% below its estimated GF Value™ of $25.15. GuruFocus considers Voya Emerging Markets High Dividend Equity Fund to be Significantly Undervalued.

Key valuation signals for IHD:

  • EV-to-EBITDA: 3.17
  • GF Value™: $25.15 vs. price of $7.72 (69.3% below fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 65.7% below the Asset Management median (#135 of 874)

No single metric tells the full story. See the IHD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Voya Emerging Markets High Dividend Equity Fund Business Description

Address 7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ, USA, 85258
Voya Emerging Markets High Dividend Equity Fund is a diversified closed-end management investment company. Its primary investment objective is to provide total return through a combination of current income, capital gains, and capital appreciation. The company seeks to achieve its investment objectives by investing principally in a portfolio of equity securities, and issuers in emerging market countries. The Fund will also normally seek to secure gains and enhance the stability of returns over a market cycle by writing (selling) call options on selected exchange-traded funds (ETFs) and/or international, regional, or country indices of equity securities, and/or on equity securities.
50GF Score

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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.72
Price
$25.15
GF Value