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First Trust Mortgageome Fund (First Trust Mortgageome Fund) EV-to-FCF : (As of Apr. 29, 2024)


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What is First Trust Mortgageome Fund EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, First Trust Mortgageome Fund's Enterprise Value is $49.64 Mil. First Trust Mortgageome Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Oct. 2023 was $0.00 Mil. Therefore, First Trust Mortgageome Fund's EV-to-FCF for today is .

The historical rank and industry rank for First Trust Mortgageome Fund's EV-to-FCF or its related term are showing as below:

FMY's EV-to-FCF is not ranked *
in the Asset Management industry.
Industry Median: 13.48
* Ranked among companies with meaningful EV-to-FCF only.

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 (2024-04-29), First Trust Mortgageome Fund's stock price is $11.7819. First Trust Mortgageome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2023 was $0.310. Therefore, First Trust Mortgageome Fund's PE Ratio for today is 38.01.


First Trust Mortgageome Fund EV-to-FCF Historical Data

The historical data trend for First Trust Mortgageome Fund'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.

First Trust Mortgageome Fund EV-to-FCF Chart

First Trust Mortgageome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
EV-to-FCF
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First Trust Mortgageome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of First Trust Mortgageome Fund's EV-to-FCF

For the Asset Management subindustry, First Trust Mortgageome 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.


First Trust Mortgageome Fund's EV-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Mortgageome Fund's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where First Trust Mortgageome Fund's EV-to-FCF falls into.



First Trust Mortgageome Fund EV-to-FCF Calculation

First Trust Mortgageome Fund's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=49.638/0
=

First Trust Mortgageome Fund's current Enterprise Value is $49.64 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Trust Mortgageome Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Oct. 2023 was $0.00 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 Mortgageome Fund  (NYSE:FMY) 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.

First Trust Mortgageome Fund's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=11.7819/0.310
=38.01

First Trust Mortgageome Fund's share price for today is $11.7819.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Trust Mortgageome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2023 was $0.310.

* 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.


First Trust Mortgageome Fund EV-to-FCF Related Terms

Thank you for viewing the detailed overview of First Trust Mortgageome Fund's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


First Trust Mortgageome Fund (First Trust Mortgageome Fund) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Mortgage Income Fund is a United States based diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income. Its secondary investment objective is to preserve capital. The fund pursues its objectives by investing predominantly in mortgage-backed securities.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Owen N Aronson other: Portfolio Manager FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
James W Snyder other: Portfolio Manager C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jeremiah Charles other: Portfolio Manager C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Honggang Chris Wu other: Officer-Invest. Sub-Advisor BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST, 15TH FL, NEW YORK NY 10281-1023
Brookfield Investment Management Inc. other: Investment Sub-Advisor BROOKFIELD PLACE, 225 LIBERTY STREET, 43RD FLOOR, NEW YORK NY 10281
Anthony A. Breaks other: Officer-Invest. Sub-Advisor C/O BROOKFIELD INVESTMENT MGMT. INC, BROOKFIELD, 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281-1023
Rosanne Gatta officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Erin E Klassman officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187

First Trust Mortgageome Fund (First Trust Mortgageome Fund) Headlines

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