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The historical rank and industry rank for CQS New City High Yield Fund's EV-to-FCF or its related term are showing as below:
LSE:NCYF'
s EV-to-FCF Range Over the Past 10 Years
Min: -70.67 Med: 15.77 Max: 16232.3
Current: -20.77
During the past 13 years, the highest EV-to-FCF of CQS New City High Yield Fund was 16232.30. The lowest was -70.67. And the median was 15.77.
LSE:NCYF's EV-to-FCF is ranked worse than 100% of 939
companies
in the Asset Management industry
Industry Median: 14.18
vs LSE:NCYF: -20.77
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.
CQS New City High Yield Fund (LSE:NCYF) 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.
CQS New City High Yield Fund's PE Ratio (TTM) for today is calculated as:
CQS New City High Yield Fund's share price for today is £0.523.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. CQS New City High Yield Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was £0.035.
* 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.
CQS New City High Yield Fund EV-to-FCF Related Terms
CQS New City High Yield 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, CQS New City High Yield 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.
CQS New City High Yield Fund EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, CQS New City High Yield Fund's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where CQS New City High Yield Fund's EV-to-FCF falls into.
CQS New City High Yield Fund's current Enterprise Value is £395.94 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. CQS New City High Yield Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £-19.03 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.
CQS New City High Yield Fund (LSE:NCYF) has a EV-to-FCF of -20.80 as of Jul. 21, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on CQS New City High Yield Fund and its competitors. According to the industry distribution chart, CQS New City High Yield Fund ranks #999999 out of 939 companies in the Asset Management industry.
Is CQS New City High Yield Fund's EV-to-FCF too high?
CQS New City High Yield Fund's current EV-to-FCF is -20.80. Based on the distribution chart, CQS New City High Yield Fund ranks #999999 out of 939 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, CQS New City High Yield Fund has a GF Score™ of 35/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CQS New City High Yield Fund's EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, CQS New City High Yield Fund ranks #999999 out of 939 companies for EV-to-FCF. This places CQS New City High Yield Fund in the lower half of its industry. The industry median EV-to-FCF is 14.18. 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 14.18, 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. 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 CQS New City High Yield Fund and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CQS New City High Yield Fund's current EV-to-FCF is -20.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CQS New City High Yield Fund stock overvalued right now?
Based on GuruFocus' analysis, CQS New City High Yield Fund (LSE:NCYF) is currently considered Fairly Valued. The stock's GF Value™ is £0.57, compared to a current price of £0.52 — trading 8.2% below its estimated fair value. The current EV-to-FCF is -20.80. CQS New City High Yield Fund's overall GF Score™ is 35/100 with 10 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 CQS New City High Yield Fund (LSE:NCYF), the current EV-to-FCF is -20.80 as of Jul. 21, 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.
Is CQS New City High Yield Fund (LSE:NCYF) Overvalued in 2026?
Based on GuruFocus' analysis, CQS New City High Yield Fund stock appears to be undervalued.
The current stock price of £0.52 is trading 8.2% below its estimated GF Value™ of £0.57.
GuruFocus considers CQS New City High Yield Fund to be Fairly Valued.
Key valuation signals for LSE:NCYF:
EV-to-FCF: -20.80
GF Value™: £0.57 vs. price of £0.52 (8.2% below fair value)
No single metric tells the full story. See the LSE:NCYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CQS New City High Yield Fund Ltd is a Jersey-based closed-ended investment company that prominently invests in high-yield fixed income securities. Its portfolio includes preference shares, loan stocks, corporate bonds (convertible and redeemable), and government stocks. The company seeks to provide investors with a high gross dividend yield and potential capital growth. Investments are diversified across various sectors such as financials, energy, industrials, consumer discretionary, and real estate, with holdings majorly in the United Kingdom and Europe. Revenue is generated mainly from income on its investment portfolio.
35GF Score
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