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What is John Hancock Preferredome Fund III EV-to-FCF?
John Hancock Preferredome Fund IIIHPS 30 EV-to-FCF is 17.97 as of Jul. 26, 2026, which is 6% below its 10-year median of 19.10. GuruFocus rates HPS with a GF Score™ of 30/100. The stock has 6 warning signs investors should review. Among 938 Asset Management companies, John Hancock Preferredome Fund III ranks worse than 58.42% on this metric.
HPS'
s EV-to-FCF Range Over the Past 10 Years
Min: 7.56 Med: 19.1 Max: 32.69
Current: 17.97
During the past 9 years, the highest EV-to-FCF of John Hancock Preferredome Fund III was 32.69. The lowest was 7.56. And the median was 19.10.
HPS's EV-to-FCF is ranked worse than 58.42% of 938
companies
in the Asset Management industry
Industry Median: 14.495
vs HPS: 17.97
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.
John Hancock Preferredome Fund III (NYSE:HPS) 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.
John Hancock Preferredome Fund III's PE Ratio (TTM) for today is calculated as:
John Hancock Preferredome Fund III's share price for today is $14.23.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. John Hancock Preferredome Fund III's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was $1.167.
* 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.
John Hancock Preferredome Fund III EV-to-FCF Related Terms
John Hancock Preferredome Fund III 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.
John Hancock Preferredome Fund III EV-to-FCF Chart
For the Asset Management subindustry, John Hancock Preferredome Fund III'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.
John Hancock Preferredome Fund III EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund III's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where John Hancock Preferredome Fund III's EV-to-FCF falls into.
John Hancock Preferredome Fund III's current Enterprise Value is $732.06 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. John Hancock Preferredome Fund III's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2026 was $40.75 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.
John Hancock Preferredome Fund III (HPS) has a EV-to-FCF of 17.97 as of Jul. 26, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on John Hancock Preferredome Fund III and its competitors. This is near median its historical median of 19.10. Over the past decade, John Hancock Preferredome Fund III's EV-to-FCF has ranged from 7.56 to 32.69. According to the industry distribution chart, John Hancock Preferredome Fund III ranks #548 out of 938 companies in the Asset Management industry, placing it in the top 58.4%.
Is John Hancock Preferredome Fund III's EV-to-FCF too high?
John Hancock Preferredome Fund III's current EV-to-FCF of 17.97 is near median its 10-year median of 19.10. Over the past 10 years, this metric has ranged from a low of 7.56 to a high of 32.69. The Asset Management industry median EV-to-FCF is 14.50. John Hancock Preferredome Fund III's value of 17.97 is 24% above this industry median. Based on the distribution chart, John Hancock Preferredome Fund III ranks #548 out of 938 companies in the Asset Management industry, which is below the industry midpoint. Overall, John Hancock Preferredome Fund III has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Preferredome Fund III's EV-to-FCF compare to NBB and VVR?
According to the Asset Management industry distribution chart, John Hancock Preferredome Fund III ranks #548 out of 938 companies for EV-to-FCF. This places John Hancock Preferredome Fund III in the lower half of its industry. The industry median EV-to-FCF is 14.50. John Hancock Preferredome Fund III's value of 17.97 is 24% above this benchmark. Historically, John Hancock Preferredome Fund III's own EV-to-FCF has ranged from 7.56 to 32.69 over the past decade. While the company's 10-year median is 19.10 vs. the industry median of 14.50, John Hancock Preferredome Fund III has consistently been above 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 14.50, based on 938 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. John Hancock Preferredome Fund III's current EV-to-FCF of 17.97 is 24% above 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 John Hancock Preferredome Fund III and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. John Hancock Preferredome Fund III's current EV-to-FCF is 17.97, which is near median its own 10-year median of 19.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Preferredome Fund III stock overvalued right now?
John Hancock Preferredome Fund III (HPS) has a current EV-to-FCF of 17.97. The current EV-to-FCF is 17.97, which is near median its 10-year median of 19.10 and 24% above the Asset Management industry median of 14.50. John Hancock Preferredome Fund III's overall GF Score™ is 30/100 with 6 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 John Hancock Preferredome Fund III (HPS), the current EV-to-FCF is 17.97 as of Jul. 26, 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.
John Hancock Preferredome Fund III Business Description
John Hancock Preferred Income Fund III is a closed-end, diversified management investment company. Its investment objective is to provide a high level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. It seeks to achieve the objectives by investing a majority of its assets in preferred stocks and other preferred securities, including convertible preferred securities. The portfolio composition of the company consists of the U.S. preferred securities, foreign preferred securities, common stocks, corporate bonds, and the short-term investments.
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