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VTN (Invesco Trust For Investment Grade New York Municipals) EV-to-FCF : 19.74 (As of Dec. 14, 2024)


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What is Invesco Trust For Investment Grade New York Municipals EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Invesco Trust For Investment Grade New York Municipals's Enterprise Value is $256.97 Mil. Invesco Trust For Investment Grade New York Municipals's Free Cash Flow for the trailing twelve months (TTM) ended in Aug. 2024 was $13.02 Mil. Therefore, Invesco Trust For Investment Grade New York Municipals's EV-to-FCF for today is 19.74.

The historical rank and industry rank for Invesco Trust For Investment Grade New York Municipals's EV-to-FCF or its related term are showing as below:

VTN' s EV-to-FCF Range Over the Past 10 Years
Min: 7.55   Med: 15.49   Max: 32.35
Current: 19.97

During the past 7 years, the highest EV-to-FCF of Invesco Trust For Investment Grade New York Municipals was 32.35. The lowest was 7.55. And the median was 15.49.

VTN's EV-to-FCF is ranked worse than
62.05% of 1046 companies
in the Asset Management industry
Industry Median: 15.18 vs VTN: 19.97

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 (2024-12-14), Invesco Trust For Investment Grade New York Municipals's stock price is $11.08. Invesco Trust For Investment Grade New York Municipals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Aug. 2024 was $0.963. Therefore, Invesco Trust For Investment Grade New York Municipals's PE Ratio (TTM) for today is 11.51.


Invesco Trust For Investment Grade New York Municipals EV-to-FCF Historical Data

The historical data trend for Invesco Trust For Investment Grade New York Municipals'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.

Invesco Trust For Investment Grade New York Municipals EV-to-FCF Chart

Invesco Trust For Investment Grade New York Municipals Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
EV-to-FCF
Get a 7-Day Free Trial 31.52 14.82 9.37 8.67 25.41

Invesco Trust For Investment Grade New York Municipals Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 - 8.67 - 25.41 -

Competitive Comparison of Invesco Trust For Investment Grade New York Municipals's EV-to-FCF

For the Asset Management subindustry, Invesco Trust For Investment Grade New York Municipals'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.


Invesco Trust For Investment Grade New York Municipals's EV-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Trust For Investment Grade New York Municipals's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Invesco Trust For Investment Grade New York Municipals's EV-to-FCF falls into.



Invesco Trust For Investment Grade New York Municipals EV-to-FCF Calculation

Invesco Trust For Investment Grade New York Municipals's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=256.968/13.017
=19.74

Invesco Trust For Investment Grade New York Municipals's current Enterprise Value is $256.97 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Invesco Trust For Investment Grade New York Municipals's Free Cash Flow for the trailing twelve months (TTM) ended in Aug. 2024 was $13.02 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.


Invesco Trust For Investment Grade New York Municipals  (NYSE:VTN) 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.

Invesco Trust For Investment Grade New York Municipals's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=11.08/0.963
=11.51

Invesco Trust For Investment Grade New York Municipals's share price for today is $11.08.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Invesco Trust For Investment Grade New York Municipals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Aug. 2024 was $0.963.

* 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.


Invesco Trust For Investment Grade New York Municipals EV-to-FCF Related Terms

Thank you for viewing the detailed overview of Invesco Trust For Investment Grade New York Municipals's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Invesco Trust For Investment Grade New York Municipals Business Description

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, N.E., Suite 1800, Atlanta, GA, USA, 30309
Invesco Trust For Investment Grade New York Municipals is a diversified closed-end management investment company. Its objective is to provide common shareholders with a high level of current income exempt from federal as well as from New York State and New York City income taxes, consistent with preservation of capital.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Glenn Eugene Brightman officer: President & PEO 570 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Stephanie Butcher officer: Senior Vice President 1555 PEACHTREE ST. NE, ATLANTA GA 30309
Tony Wong director, officer: Senior Vice President 1331 SPRING STREET NW, SUITE 2500, ATLANTA GA 30309
Melanie Ringold officer: SVP, CLO and Secretary 1555 PEACHTREE STREE NE, SUITE 1800, ATLANTA GA 30309
Mark William Gregson officer: Chief Accounting Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Terry Vacheron officer: Chief Financial Officer 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Bordewick James R Jr officer: Senior Officer & SVP C/O BANC OF AMERICA INVESTMENT ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Scott Cottier other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Mark Demitry other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Michael Camarella other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Adrien Deberghes officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Laura Allison Dukes officer: SMD and CFO 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309