FTHY (FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND) Enterprise Value: $685.68 Mil (As of Jun. 26, 2026) ***

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND  (NYSE:FTHY) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's EV-to-Revenue for today is:

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's current Enterprise Value is $685.68 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Revenue for the trailing twelve months (TTM) ended in Nov. 2025 was $38.27 Mil.

2. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's EV-to-OCF for today is:

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's current Enterprise Value is $685.68 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Cash Flow from Operations for the trailing twelve months (TTM) ended in Nov. 2025 was $29.11 Mil.

3. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's EV-to-FCF for today is:

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's current Enterprise Value is $685.68 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2025 was $29.11 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.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Enterprise Value Related Terms

The historical data trend for FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Enterprise Value 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.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Enterprise Value Chart

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Semi-Annual Data
	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24	May25	Nov25
Enterprise Value	Get a 7-Day Free Trial						636.34	649.42	705.59	685.95	705.90

FTHY vs BGB, ETO, EIM: Enterprise Value Comparison

For the Asset Management subindustry, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Enterprise Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Enterprise Value distribution charts can be found below:

* The bar in red indicates where FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Enterprise Value falls into.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Enterprise Value for the fiscal year that ended in May. 2025 is calculated as

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Enterprise Value for the quarter that ended in Nov. 2025 is calculated as

* 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.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Business Description