What is John Hancock Preferredome Fund II FCF Yield %?
John Hancock Preferredome Fund IIHPF 31 FCF Yield % is 9.17 as of Jun. 25, 2026, which is 10% above its 10-year median of 8.36. GuruFocus rates HPF with a GF Score™ of 31/100. The stock has 6 warning signs investors should review. Among 1,516 Asset Management companies, John Hancock Preferredome Fund II ranks better than 74.87% on this metric.
FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
John Hancock Preferredome Fund II FCF Yield % Explanation
Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
John Hancock Preferredome Fund II FCF Yield % Related Terms
John Hancock Preferredome Fund II FCF Yield % Historical Data
* 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.
John Hancock Preferredome Fund II FCF Yield % Chart
For the Asset Management subindustry, John Hancock Preferredome Fund II's FCF Yield %, along with its competitors' market caps and FCF Yield % 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.
John Hancock Preferredome Fund II FCF Yield % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund II's FCF Yield % distribution charts can be found below:
* The bar in red indicates where John Hancock Preferredome Fund II's FCF Yield % falls into.
* 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.
John Hancock Preferredome Fund II (HPF) has a FCF Yield % of 9.17 as of Jun. 25, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on John Hancock Preferredome Fund II and its competitors. This is 10% above median its historical median of 8.36. Over the past decade, John Hancock Preferredome Fund II's FCF Yield % has ranged from 4.21 to 20.43. According to the industry distribution chart, John Hancock Preferredome Fund II ranks #381 out of 1516 companies in the Asset Management industry, placing it in the top 25.1%.
Is John Hancock Preferredome Fund II's FCF Yield % too high?
John Hancock Preferredome Fund II's current FCF Yield % of 9.17 is 10% above median its 10-year median of 8.36. Over the past 10 years, this metric has ranged from a low of 4.21 to a high of 20.43. The Asset Management industry median FCF Yield % is 2.20. John Hancock Preferredome Fund II's value of 9.17 is 317.8% above this industry median. Based on the distribution chart, John Hancock Preferredome Fund II ranks #381 out of 1516 companies in the Asset Management industry, which is above the industry midpoint. Overall, John Hancock Preferredome Fund II has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Preferredome Fund II's FCF Yield % compare to MIY and EMF?
According to the Asset Management industry distribution chart, John Hancock Preferredome Fund II ranks #381 out of 1516 companies for FCF Yield %. This puts John Hancock Preferredome Fund II in the upper half of its industry. The industry median FCF Yield % is 2.20. John Hancock Preferredome Fund II's value of 9.17 is 317.8% above this benchmark. Historically, John Hancock Preferredome Fund II's own FCF Yield % has ranged from 4.21 to 20.43 over the past decade. While the company's 10-year median is 8.36 vs. the industry median of 2.20, John Hancock Preferredome Fund II has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Yield % for an Asset Management company?
The median FCF Yield % among Asset Management companies is 2.20, based on 1,516 companies in the industry. Companies in the top quartile (top 25%) have a FCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, FCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. John Hancock Preferredome Fund II's current FCF Yield % of 9.17 is 317.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on John Hancock Preferredome Fund II and its competitors. For the Asset Management industry, the median FCF Yield % is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. John Hancock Preferredome Fund II's current FCF Yield % is 9.17, which is 10% above median its own 10-year median of 8.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Preferredome Fund II stock overvalued right now?
John Hancock Preferredome Fund II (HPF) has a current FCF Yield % of 9.17. The current FCF Yield % is 9.17, which is 10% above median its 10-year median of 8.36 and 317.8% above the Asset Management industry median of 2.20. John Hancock Preferredome Fund II's overall GF Score™ is 31/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For John Hancock Preferredome Fund II (HPF), the current FCF Yield % is 9.17 as of Jun. 25, 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.
John Hancock Preferredome Fund II Business Description
John Hancock Preferred Income Fund II is the United States based closed-end, diversified management investment company. Its primary objective is to provide a high level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. The fund's principal investment strategies include to invests a majority of its assets in preferred stocks and other preferred securities, including convertible preferred securities. Its portfolio composition consists of U.S preferred securities, common stocks, foreign preferred securities, corporate bonds, capital preferred securities and short-term investments.
31GF Score
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