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Western Asset Global High Fd (Western Asset Global High Fd) EV-to-FCF : 5.80 (As of May. 15, 2024)


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What is Western Asset Global High Fd EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Western Asset Global High Fd's Enterprise Value is $234.86 Mil. Western Asset Global High Fd's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2023 was $40.52 Mil. Therefore, Western Asset Global High Fd's EV-to-FCF for today is 5.80.

The historical rank and industry rank for Western Asset Global High Fd's EV-to-FCF or its related term are showing as below:

EHI' s EV-to-FCF Range Over the Past 10 Years
Min: 0.83   Med: 10.56   Max: 247.35
Current: 5.81

During the past 6 years, the highest EV-to-FCF of Western Asset Global High Fd was 247.35. The lowest was 0.83. And the median was 10.56.

EHI's EV-to-FCF is ranked better than
79.98% of 1059 companies
in the Asset Management industry
Industry Median: 13.68 vs EHI: 5.81

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 to determine the fair market value of a company.

As of today (2024-05-15), Western Asset Global High Fd's stock price is $7.03. Western Asset Global High Fd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2023 was $0.200. Therefore, Western Asset Global High Fd's PE Ratio for today is 35.15.


Western Asset Global High Fd EV-to-FCF Historical Data

The historical data trend for Western Asset Global High Fd's EV-to-FCF 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.

* Premium members only.

Western Asset Global High Fd EV-to-FCF Chart

Western Asset Global High Fd Annual Data
Trend May18 May19 May20 May21 May22 May23
EV-to-FCF
Get a 7-Day Free Trial 236.51 13.28 1.04 10.88 5.41

Western Asset Global High Fd Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 10.88 - 5.41 -

Competitive Comparison of Western Asset Global High Fd's EV-to-FCF

For the Asset Management subindustry, Western Asset Global High Fd'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.


Western Asset Global High Fd's EV-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Global High Fd's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Western Asset Global High Fd's EV-to-FCF falls into.



Western Asset Global High Fd EV-to-FCF Calculation

Western Asset Global High Fd's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=234.861/40.516
=5.80

Western Asset Global High Fd's current Enterprise Value is $234.86 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Western Asset Global High Fd's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2023 was $40.52 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 Global High Fd  (NYSE:EHI) 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 to determine the fair market value of a company.

Western Asset Global High Fd's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=7.03/0.200
=35.15

Western Asset Global High Fd's share price for today is $7.03.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Western Asset Global High Fd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2023 was $0.200.

* 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.


Western Asset Global High Fd EV-to-FCF Related Terms

Thank you for viewing the detailed overview of Western Asset Global High Fd's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Global High Fd (Western Asset Global High Fd) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Global High Inc Fd Inc is a non-diversified, closed-end management investment company. Its investment objective is high current income and total return by investing in a global portfolio of securities. The fund invests in various sectors such as Consumer Discretionary, Energy, Healthcare, Industrials, materials, and others.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
William R Hutchinson director 535 N MICHIGAN STE 1012, CHICAGO IL 60611
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103

Western Asset Global High Fd (Western Asset Global High Fd) Headlines

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