Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Destra Multi-Alternative FundDMA -1.09%23 EV-to-FCF is 4.59 as of Jul. 29, 2026, which is 64% below its 10-year median of 12.65. GuruFocus rates DMA with a GF Score™ of 23/100. The stock has 1 warning sign investors should review. Among 939 Asset Management companies, Destra Multi-Alternative Fund ranks better than 84.13% on this metric.
The historical rank and industry rank for Destra Multi-Alternative Fund's EV-to-FCF or its related term are showing as below:
DMA'
s EV-to-FCF Range Over the Past 10 Years
Min: 4.31 Med: 12.65 Max: 34.12
Current: 4.59
During the past 5 years, the highest EV-to-FCF of Destra Multi-Alternative Fund was 34.12. The lowest was 4.31. And the median was 12.65.
DMA's EV-to-FCF is ranked better than 84.13% of 939
companies
in the Asset Management industry
Industry Median: 14.44
vs DMA: 4.59
EV-to-FCF 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.
Destra Multi-Alternative Fund (NYSE:DMA) EV-to-FCF Explanation
EV-to-FCF 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.
Destra Multi-Alternative Fund's PE Ratio (TTM) for today is calculated as:
Destra Multi-Alternative Fund's share price for today is $7.5074.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Destra Multi-Alternative Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.170.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Destra Multi-Alternative Fund EV-to-FCF Related Terms
Destra Multi-Alternative Fund EV-to-FCF 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, Destra Multi-Alternative Fund's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Destra Multi-Alternative Fund EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Destra Multi-Alternative Fund's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Destra Multi-Alternative Fund's EV-to-FCF falls into.
Destra Multi-Alternative Fund's current Enterprise Value is $77.19 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Destra Multi-Alternative Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $16.81 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.
Destra Multi-Alternative Fund (DMA) has a EV-to-FCF of 4.59 as of Jul. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Destra Multi-Alternative Fund and its competitors. This is 64% below median its historical median of 12.65. Over the past decade, Destra Multi-Alternative Fund's EV-to-FCF has ranged from 4.31 to 34.12. According to the industry distribution chart, Destra Multi-Alternative Fund ranks #149 out of 939 companies in the Asset Management industry, placing it in the top 15.9%.
Is Destra Multi-Alternative Fund's EV-to-FCF too high?
Destra Multi-Alternative Fund's current EV-to-FCF of 4.59 is 64% below median its 10-year median of 12.65. Over the past 10 years, this metric has ranged from a low of 4.31 to a high of 34.12. The Asset Management industry median EV-to-FCF is 14.44. Destra Multi-Alternative Fund's value of 4.59 is 68.2% below this industry median. Based on the distribution chart, Destra Multi-Alternative Fund ranks #149 out of 939 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Destra Multi-Alternative Fund has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Destra Multi-Alternative Fund's EV-to-FCF compare to PGZ and OCCI?
According to the Asset Management industry distribution chart, Destra Multi-Alternative Fund ranks #149 out of 939 companies for EV-to-FCF. This places Destra Multi-Alternative Fund in the top 16% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 14.44. Destra Multi-Alternative Fund's value of 4.59 is 68.2% below this benchmark. Historically, Destra Multi-Alternative Fund's own EV-to-FCF has ranged from 4.31 to 34.12 over the past decade. While the company's 10-year median is 12.65 vs. the industry median of 14.44, Destra Multi-Alternative Fund has consistently been below 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-FCF for an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.44, based on 939 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Destra Multi-Alternative Fund's current EV-to-FCF of 4.59 is 68.2% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Destra Multi-Alternative Fund and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Destra Multi-Alternative Fund's current EV-to-FCF is 4.59, which is 64% below median its own 10-year median of 12.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Destra Multi-Alternative Fund stock overvalued right now?
Destra Multi-Alternative Fund (DMA) has a current EV-to-FCF of 4.59. The current EV-to-FCF is 4.59, which is 64% below median its 10-year median of 12.65 and 68.2% below the Asset Management industry median of 14.44. Destra Multi-Alternative Fund's overall GF Score™ is 23/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Destra Multi-Alternative Fund (DMA), the current EV-to-FCF is 4.59 as of Jul. 29, 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.
Destra Multi-Alternative Fund Business Description
Destra Multi-Alternative Fund is a non-diversified, closed-end management investment company that operates as an interval fund with a continuous offering of fund shares. The investment objective of the fund is to seek returns from capital appreciation and income, with an emphasis on income generation. The Fund pursues its investment objective by investing mainly in the income-producing securities of real estate investment trusts (REITs) and alternative investment funds, as well as common stocks and structured notes, bonds, and asset-backed securities.
23GF Score
Get the complete analysis for DMA
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DMA has been successfully added to your 
