EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, New America Highome Fund's Enterprise Value is $271.98 Mil.
New America Highome Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2024 was $13.69 Mil. Therefore, New America Highome Fund's EV-to-FCF for today is 19.87.
The historical rank and industry rank for New America Highome Fund's EV-to-FCF or its related term are showing as below:
HYB'
s EV-to-FCF Range Over the Past 10 Years
Min: 11.9 Med: 17.89 Max: 36.3
Current: 19.87
During the past 7 years, the highest EV-to-FCF of New America Highome Fund was 36.30. The lowest was 11.90. And the median was 17.89.
HYB's EV-to-FCF is not ranked
in the Asset Management industry.
Industry Median: 15.41
vs HYB: 19.87
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.
* 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.
Competitive Comparison of New America Highome Fund's EV-to-FCF
For the Asset Management subindustry, New America Highome 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.
New America Highome Fund's EV-to-FCF Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, New America Highome Fund's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where New America Highome Fund's EV-to-FCF falls into.
New America Highome Fund's current Enterprise Value is $271.98 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. New America Highome Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2024 was $13.69 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.
New America Highome Fund (NYSE:HYB) 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.
New America Highome Fund's PE Ratio (TTM) for today is calculated as:
New America Highome Fund's share price for today is $8.20.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. New America Highome Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $0.838.
* 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.
New America Highome Fund EV-to-FCF Related Terms
Thank you for viewing the detailed overview of New America Highome Fund's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
New America High Income Fund Inc is a diversified, closed-end management investment company. Its investment objective is to provide high current income while seeking to preserve stockholder capital by investing in a diversified portfolio of high-yield fixed-income securities. The Fund has a leveraged capital structure. The fund invests in fixed-maturity corporate debt securities that are rated less than the investment grade. Its portfolio of investment consists of investments in different sectors such as energy, financial, cable operators, healthcare, and others.
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