NHS (Neuberger Berman High Yield Strategies Fund) EV-to-FCF: -4.61 (As of Jul. 14, 2026)

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NHS Neuberger Berman High Yield Strategies Fund Inc NHS
44 GF Score
Price $6.20
GF Value $7.23
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Neuberger Berman High Yield Strategies Fund EV-to-FCF?

Neuberger Berman High Yield Strategies Fund NHS -0.48% 44 EV-to-FCF is -4.61 as of Jul. 14, 2026. GuruFocus rates NHS with a GF Score™ of 44/100 and a GF Value™ of $7.23 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 935 Asset Management companies, Neuberger Berman High Yield Strategies Fund ranks worse than 106951.76% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Neuberger Berman High Yield Strategies Fund's Enterprise Value is $353.51 Mil. Neuberger Berman High Yield Strategies Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $-76.70 Mil. Therefore, Neuberger Berman High Yield Strategies Fund's EV-to-FCF for today is -4.61.

The historical rank and industry rank for Neuberger Berman High Yield Strategies Fund's EV-to-FCF or its related term are showing as below:

NHS' s EV-to-FCF Range Over the Past 10 Years
Min: -45.01   Med: 13.11   Max: 82.21
Current: -4.61

During the past 10 years, the highest EV-to-FCF of Neuberger Berman High Yield Strategies Fund was 82.21. The lowest was -45.01. And the median was 13.11.

NHS's EV-to-FCF is ranked worse than
100% of 935 companies
in the Asset Management industry
Industry Median: 14.49 vs NHS: -4.61

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.

As of today (2026-07-14), Neuberger Berman High Yield Strategies Fund's stock price is $6.20. Neuberger Berman High Yield Strategies Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $0.586. Therefore, Neuberger Berman High Yield Strategies Fund's PE Ratio (TTM) for today is 10.58.


Neuberger Berman High Yield Strategies Fund  (AMEX:NHS) 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.

Neuberger Berman High Yield Strategies Fund's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.20/0.586
=10.58

Neuberger Berman High Yield Strategies Fund's share price for today is $6.20.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Neuberger Berman High Yield Strategies Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $0.586.

* 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.


Neuberger Berman High Yield Strategies Fund EV-to-FCF Related Terms


Neuberger Berman High Yield Strategies Fund EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Neuberger Berman High Yield Strategies 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.

Neuberger Berman High Yield Strategies Fund EV-to-FCF Chart

Neuberger Berman High Yield Strategies Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.13 -4.22 -42.49 13.62 81.93

Neuberger Berman High Yield Strategies Fund Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 13.62 0.00 81.93 0.00

NHS vs NRO, TPVG, OPP: EV-to-FCF Comparison

For the Asset Management subindustry, Neuberger Berman High Yield Strategies 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.


Neuberger Berman High Yield Strategies Fund EV-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Neuberger Berman High Yield Strategies Fund's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Neuberger Berman High Yield Strategies Fund's EV-to-FCF falls into.


NHS
44GF Score
Neuberger Berman High Yield Strategies Fund Inc NHS
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neuberger Berman High Yield Strategies Fund EV-to-FCF Calculation

Neuberger Berman High Yield Strategies Fund's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=353.506/-76.697
=-4.61

Neuberger Berman High Yield Strategies Fund's current Enterprise Value is $353.51 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Neuberger Berman High Yield Strategies Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $-76.70 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of -4.61 mean?
Neuberger Berman High Yield Strategies Fund (NHS) has a EV-to-FCF of -4.61 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Neuberger Berman High Yield Strategies Fund and its competitors. According to the industry distribution chart, Neuberger Berman High Yield Strategies Fund ranks #999999 out of 935 companies in the Asset Management industry.
Is Neuberger Berman High Yield Strategies Fund's EV-to-FCF too high?
Neuberger Berman High Yield Strategies Fund's current EV-to-FCF is -4.61. Based on the distribution chart, Neuberger Berman High Yield Strategies Fund ranks #999999 out of 935 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Neuberger Berman High Yield Strategies Fund has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Neuberger Berman High Yield Strategies Fund's EV-to-FCF compare to NRO and TPVG?
According to the Asset Management industry distribution chart, Neuberger Berman High Yield Strategies Fund ranks #999999 out of 935 companies for EV-to-FCF. This places Neuberger Berman High Yield Strategies Fund in the lower half of its industry. The industry median EV-to-FCF is 14.49. 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 14.49, based on 935 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 Neuberger Berman High Yield Strategies Fund and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neuberger Berman High Yield Strategies Fund's current EV-to-FCF is -4.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neuberger Berman High Yield Strategies Fund stock overvalued right now?
Based on GuruFocus' analysis, Neuberger Berman High Yield Strategies Fund (NHS) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.23, compared to a current price of $6.20 — trading 14.2% below its estimated fair value. The current EV-to-FCF is -4.61. Neuberger Berman High Yield Strategies Fund's overall GF Score™ is 44/100 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 Neuberger Berman High Yield Strategies Fund (NHS), the current EV-to-FCF is -4.61 as of Jul. 14, 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 Neuberger Berman High Yield Strategies Fund (NHS) Overvalued in 2026?

Based on GuruFocus' analysis, Neuberger Berman High Yield Strategies Fund stock appears to be undervalued. The current stock price of $6.20 is trading 14.2% below its estimated GF Value™ of $7.23. GuruFocus considers Neuberger Berman High Yield Strategies Fund to be Modestly Undervalued.

Key valuation signals for NHS:

  • EV-to-FCF: -4.61
  • GF Value™: $7.23 vs. price of $6.20 (14.2% below fair value)
  • GF Score™: 44/100 with 6 warning signs

No single metric tells the full story. See the NHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neuberger Berman High Yield Strategies Fund Business Description

Address c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Neuberger Berman High Yield Strategies Fund Inc is a diversified, closed-end management investment company. The company invests in high yield debt securities market. The Fund uses leverage to pursue its investment objective. The Fund may invest in a variety of direct debt instruments, including bank loans, notes and other interests in amounts owed to financial institutions by borrowers, such as companies and governments. Corporate loans in which the Fund may invest will consist of direct obligations of borrowers. The Fund may invest in corporate loans at origination as a co-lender or may acquire loans in the secondary market by purchasing participations in, assignments of or novations of corporate loans.
44GF Score

Get the complete analysis for NHS

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.20
Price
$7.23
GF Value