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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, RiverNorth/DoubleLine Strategic Opportunity Fund's Enterprise Value is $320.35 Mil. RiverNorth/DoubleLine Strategic Opportunity Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2024 was $33.91 Mil. Therefore, RiverNorth/DoubleLine Strategic Opportunity Fund's EV-to-FCF for today is 9.45.
The historical rank and industry rank for RiverNorth/DoubleLine Strategic Opportunity Fund's EV-to-FCF or its related term are showing as below:
During the past 7 years, the highest EV-to-FCF of RiverNorth/DoubleLine Strategic Opportunity Fund was 63.51. The lowest was -130.54. And the median was 8.37.
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 (2024-12-13), RiverNorth/DoubleLine Strategic Opportunity Fund's stock price is $8.46. RiverNorth/DoubleLine Strategic Opportunity Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $1.106. Therefore, RiverNorth/DoubleLine Strategic Opportunity Fund's PE Ratio (TTM) for today is 7.65.
The historical data trend for RiverNorth/DoubleLine Strategic Opportunity 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.
RiverNorth/DoubleLine Strategic Opportunity Fund Annual Data | ||||||||||||||||
Trend | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | Jun24 | |||||||||
EV-to-FCF | Get a 7-Day Free Trial | -68.35 | -139.04 | -4.81 | 62.56 | 9.37 |
RiverNorth/DoubleLine Strategic Opportunity Fund Semi-Annual Data | ||||||||||||||
Dec17 | Jun18 | Dec18 | Jun19 | Dec19 | Jun20 | Dec20 | Jun21 | Dec21 | Jun22 | Dec22 | Jun23 | Dec23 | Jun24 | |
EV-to-FCF | Get a 7-Day Free Trial | -4.81 | - | 62.56 | - | 9.37 |
For the Asset Management subindustry, RiverNorth/DoubleLine Strategic Opportunity 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.
For the Asset Management industry and Financial Services sector, RiverNorth/DoubleLine Strategic Opportunity Fund's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where RiverNorth/DoubleLine Strategic Opportunity Fund's EV-to-FCF falls into.
RiverNorth/DoubleLine Strategic Opportunity Fund's EV-to-FCF for today is calculated as:
EV-to-FCF | = | Enterprise Value (Today) | / | Free Cash Flow (TTM) |
= | 320.350 | / | 33.905 | |
= | 9.45 |
RiverNorth/DoubleLine Strategic Opportunity Fund's current Enterprise Value is $320.35 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth/DoubleLine Strategic Opportunity Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2024 was $33.91 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.
RiverNorth/DoubleLine Strategic Opportunity Fund (NYSE:OPP) 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.
RiverNorth/DoubleLine Strategic Opportunity Fund's PE Ratio (TTM) for today is calculated as:
PE Ratio (TTM) | = | Share Price (Today) | / | Earnings per Share (Diluted) (TTM) |
= | 8.46 | / | 1.106 | |
= | 7.65 |
RiverNorth/DoubleLine Strategic Opportunity Fund's share price for today is $8.46.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. RiverNorth/DoubleLine Strategic Opportunity Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $1.106.
* 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.
Thank you for viewing the detailed overview of RiverNorth/DoubleLine Strategic Opportunity Fund's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Lisa Bruckert Mougin | director | C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401 |
David Swanson | director | 325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654 |
Stephen Andrew O'neill | other: Portfolio Manager | 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401 |
John S. Oakes | director | 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654 |
Brian H Schmucker | other: OFFICER OF THE INVT ADVISER | 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654 |
Patrick W. Galley | director, officer: President | 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401 |
Jerry Raio | director | 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401 |
John Wayne Hutchens | director | 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401 |
Youse Guia | other: Exec Comm Mbr: OPP Subadviser | C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660 |
Leticia A. Acosta | other: Exec Comm Mbr: OPP Subadviser | 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071 |
Rivernorth Marketplace Lending Corp | other: Investment Adviser | 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401 |
Fred G Steingraber | director | 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654 |
Marcus L Collins | officer: CCO and Secretary | 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654 |
Jonathan M. Mohrhardt | officer: CFO and Treasurer | 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654 |
John K Carter | director | 433 W. VAN BUREN STREET, SUITE 1150-E, CHICAGO IL 60607 |
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