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What is Western Asset Premier Bond Fund EV-to-OCF?
Western Asset Premier Bond FundWEA +0.19%51 EV-to-OCF is 15.27 as of Sep. 08, 2026, which is 17% below its 10-year median of 18.34. GuruFocus rates WEA with a GF Score™ of 51/100 and a GF Value™ of $10.52 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,497 Asset Management companies, Western Asset Premier Bond Fund ranks worse than 71.41% on this metric.
The historical rank and industry rank for Western Asset Premier Bond Fund's EV-to-OCF or its related term are showing as below:
WEA'
s EV-to-OCF Range Over the Past 10 Years
Min: -28.27 Med: 18.34 Max: 49.6
Current: 15.27
During the past 9 years, the highest EV-to-OCF of Western Asset Premier Bond Fund was 49.60. The lowest was -28.27. And the median was 18.34.
WEA's EV-to-OCF is ranked worse than 71.41% of 1497
companies
in the Asset Management industry
Industry Median: 5.56
vs WEA: 15.27
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Western Asset Premier Bond Fund (NYSE:WEA) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Western Asset Premier Bond Fund's PE Ratio (TTM) for today is calculated as:
Western Asset Premier Bond Fund's share price for today is $10.40.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Western Asset Premier Bond Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.828.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Western Asset Premier Bond Fund EV-to-OCF Related Terms
Western Asset Premier Bond Fund EV-to-OCF 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.
For the Asset Management subindustry, Western Asset Premier Bond Fund's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.
Western Asset Premier Bond Fund EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Western Asset Premier Bond Fund's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Western Asset Premier Bond Fund's EV-to-OCF falls into.
Western Asset Premier Bond Fund's current Enterprise Value is $186.85 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Western Asset Premier Bond Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $12.24 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.
Western Asset Premier Bond Fund (WEA) has a EV-to-OCF of 15.27 as of Sep. 08, 2026. This is 17% below median its historical median of 18.34. According to the industry distribution chart, Western Asset Premier Bond Fund ranks #1069 out of 1497 companies in the Asset Management industry, placing it in the top 71.4%.
Is Western Asset Premier Bond Fund's EV-to-OCF too high?
Western Asset Premier Bond Fund's current EV-to-OCF of 15.27 is 17% below median its 10-year median of 18.34. The Asset Management industry median EV-to-OCF is 5.56. Western Asset Premier Bond Fund's value of 15.27 is 174.6% above this industry median. Based on the distribution chart, Western Asset Premier Bond Fund ranks #1069 out of 1497 companies in the Asset Management industry, which is below the industry midpoint. Overall, Western Asset Premier Bond Fund has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Premier Bond Fund's EV-to-OCF compare to NMI and GGZ?
According to the Asset Management industry distribution chart, Western Asset Premier Bond Fund ranks #1069 out of 1497 companies for EV-to-OCF. This places Western Asset Premier Bond Fund in the lower half of its industry. The industry median EV-to-OCF is 5.56. Western Asset Premier Bond Fund's value of 15.27 is 174.6% above this benchmark. While the company's 10-year median is 18.34 vs. the industry median of 5.56, Western Asset Premier Bond Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.56, based on 1,497 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Asset Premier Bond Fund's current EV-to-OCF of 15.27 is 174.6% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median EV-to-OCF is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset Premier Bond Fund's current EV-to-OCF is 15.27, which is 17% below median its own 10-year median of 18.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Premier Bond Fund stock overvalued right now?
Based on GuruFocus' analysis, Western Asset Premier Bond Fund (WEA) is currently considered Fairly Valued. The stock's GF Value™ is $10.52, compared to a current price of $10.40 — trading 1.1% below its estimated fair value. The current EV-to-OCF is 15.27, which is 17% below median its 10-year median of 18.34 and 174.6% above the Asset Management industry median of 5.56. Western Asset Premier Bond Fund's overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Western Asset Premier Bond Fund (WEA), the current EV-to-OCF is 15.27 as of Sep. 08, 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 Western Asset Premier Bond Fund (WEA) Overvalued in 2026?
Based on GuruFocus' analysis, Western Asset Premier Bond Fund stock appears to be undervalued.
The current stock price of $10.40 is trading 1.1% below its estimated GF Value™ of $10.52.
GuruFocus considers Western Asset Premier Bond Fund to be Fairly Valued.
Key valuation signals for WEA:
EV-to-OCF: 15.27 (17% below median its 10-year median of 18.34)
GF Value™: $10.52 vs. price of $10.40 (1.1% below fair value)
Industry Position: 174.6% above the Asset Management median (#1069 of 1497)
No single metric tells the full story. See the WEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Asset Premier Bond Fund is a diversified closed-end management investment company. Its investment objective is to provide current income and capital appreciation by investing in a diversified portfolio of investment-grade bonds. The fund invests in bonds of companies operating in different sectors, such as financials, energy, telecommunication services, consumer discretionary, healthcare, materials, information technology, and consumer staples.
51GF Score
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