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BlackRockorate High Yield Fund (BlackRockorate High Yield Fund) EV-to-FCF : 30.65 (As of Apr. 26, 2024)


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What is BlackRockorate High Yield Fund EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, BlackRockorate High Yield Fund's Enterprise Value is $1,978.8 Mil. BlackRockorate High Yield Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $64.6 Mil. Therefore, BlackRockorate High Yield Fund's EV-to-FCF for today is 30.65.

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

HYT' s EV-to-FCF Range Over the Past 10 Years
Min: 4.58   Med: 15.19   Max: 66.28
Current: 30.45

During the past 7 years, the highest EV-to-FCF of BlackRockorate High Yield Fund was 66.28. The lowest was 4.58. And the median was 15.19.

HYT's EV-to-FCF is ranked worse than
75.98% of 1074 companies
in the Asset Management industry
Industry Median: 13.73 vs HYT: 30.45

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 to determine the fair market value of a company.

As of today (2024-04-26), BlackRockorate High Yield Fund's stock price is $9.69. BlackRockorate High Yield Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.410. Therefore, BlackRockorate High Yield Fund's PE Ratio for today is 6.87.


BlackRockorate High Yield Fund EV-to-FCF Historical Data

The historical data trend for BlackRockorate High Yield 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.

* Premium members only.

BlackRockorate High Yield Fund EV-to-FCF Chart

BlackRockorate High Yield Fund Annual Data
Trend Aug17 Aug18 Aug19 Dec20 Dec21 Dec22 Dec23
EV-to-FCF
Get a 7-Day Free Trial 6.01 61.86 14.49 26.01 30.08

BlackRockorate High Yield Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.49 - 26.01 - 30.08

Competitive Comparison of BlackRockorate High Yield Fund's EV-to-FCF

For the Asset Management subindustry, BlackRockorate 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.


BlackRockorate High Yield Fund's EV-to-FCF Distribution in the Asset Management Industry

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

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



BlackRockorate High Yield Fund EV-to-FCF Calculation

BlackRockorate High Yield Fund's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1978.773/64.56
=30.65

BlackRockorate High Yield Fund's current Enterprise Value is $1,978.8 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BlackRockorate High Yield Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $64.6 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.


BlackRockorate High Yield Fund  (NYSE:HYT) 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 to determine the fair market value of a company.

BlackRockorate High Yield Fund's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=9.69/1.410
=6.87

BlackRockorate High Yield Fund's share price for today is $9.69.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BlackRockorate High Yield Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.410.

* 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.


BlackRockorate High Yield Fund EV-to-FCF Related Terms

Thank you for viewing the detailed overview of BlackRockorate High Yield Fund's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRockorate High Yield Fund (BlackRockorate High Yield Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Corporate High Yield Fund Inc is a diversified, closed-end management investment company. Its investment objective is to provide shareholders with current income and capital appreciation. The trust's secondary investment objective is to provide shareholders with capital appreciation. It seeks to achieve its objectives by investing primarily in a diversified portfolio of fixed-income securities.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
David Delbos other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
W Carl Kester director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
James Keenan other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Mitchell Garfin other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536