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FTHY's EV-to-FCF is ranked better than 67.68% of 925
companies
in the Asset Management industry
Industry Median: 13.75
vs FTHY: 8.46
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.
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (NYSE:FTHY) 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.
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's PE Ratio (TTM) for today is calculated as:
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's share price for today is $13.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was $0.690.
* 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 HIGH YIELD OPPORTUNITIES 2027 TERM FUND EV-to-FCF Related Terms
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM 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.
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND EV-to-FCF Chart
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Annual Data
* 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 EV-to-FCF vs Asset Management Industry
* 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 (FTHY) has a EV-to-FCF of 8.46 as of Sep. 11, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND and its competitors. This is near median its historical median of 8.73. According to the industry distribution chart, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND ranks #299 out of 925 companies in the Asset Management industry, placing it in the top 32.3%.
Is FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's EV-to-FCF too high?
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's current EV-to-FCF of 8.46 is near median its 10-year median of 8.73. The Asset Management industry median EV-to-FCF is 13.75. FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's value of 8.46 is 38.5% below this industry median. Based on the distribution chart, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND ranks #299 out of 925 companies in the Asset Management industry, which is above the industry midpoint. Overall, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's EV-to-FCF compare to EIM and IFN?
According to the Asset Management industry distribution chart, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND ranks #299 out of 925 companies for EV-to-FCF. This puts FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND in the upper half of its industry. The industry median EV-to-FCF is 13.75. FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's value of 8.46 is 38.5% below this benchmark. While the company's 10-year median is 8.73 vs. the industry median of 13.75, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM 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 13.75, based on 925 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. FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's current EV-to-FCF of 8.46 is 38.5% 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 FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND and its competitors. For the Asset Management industry, the median EV-to-FCF is 13.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's current EV-to-FCF is 8.46, which is near median its own 10-year median of 8.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND stock overvalued right now?
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FTHY) has a current EV-to-FCF of 8.46. The current EV-to-FCF is 8.46, which is near median its 10-year median of 8.73 and 38.5% below the Asset Management industry median of 13.75. FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's overall GF Score™ is 28/100 with 7 warning signs 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 FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FTHY), the current EV-to-FCF is 8.46 as of Sep. 11, 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.
FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND is a diversified, closed-end management investment company. The investment objective of the fund is to provide current income. The fund invests a majority of its managed assets in high-yield debt securities of any maturity that are rated below investment grade at the time of purchase or unrated securities. Its investment portfolio comprises corporate bonds and notes, senior floating-rate loan interests, foreign corporate bonds and notes, money market funds, and other instruments across various industries.
28GF Score
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