Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Destra Multi-Alternative FundDMA 45 Intrinsic Value: Projected FCF is $0.00 as of Sep. 22, 2026. GuruFocus rates DMA with a GF Score™ of 45/100 and a GF Value™ of $8.32 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,217 Asset Management companies, Destra Multi-Alternative Fund ranks worse than 82169.19% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
The historical rank and industry rank for Destra Multi-Alternative Fund's Intrinsic Value: Projected FCF or its related term are showing as below:
DMA's Price-to-Projected-FCF is not ranked *
in the Asset Management industry.
Industry Median: 0.89 * Ranked among companies with meaningful Price-to-Projected-FCF only.
Destra Multi-Alternative Fund (NYSE:DMA) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Destra Multi-Alternative Fund's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
7.62
/
=
* 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.
Destra Multi-Alternative Fund Intrinsic Value: Projected FCF Related Terms
Destra Multi-Alternative Fund Intrinsic Value: Projected FCF 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.
Destra Multi-Alternative Fund Intrinsic Value: Projected FCF Chart
DMA vs GEG, PCM, PGZ: Intrinsic Value: Projected FCF Comparison
For the Asset Management subindustry, Destra Multi-Alternative Fund's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.
Destra Multi-Alternative Fund Price-to-Projected-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Destra Multi-Alternative Fund's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Destra Multi-Alternative Fund's Price-to-Projected-FCF falls into.
Destra Multi-Alternative Fund Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
What does a Intrinsic Value: Projected FCF of $0.00 mean?
Destra Multi-Alternative Fund (DMA) has a Intrinsic Value: Projected FCF of $0.00 as of Sep. 22, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Destra Multi-Alternative Fund and its competitors. According to the industry distribution chart, Destra Multi-Alternative Fund ranks #999999 out of 1217 companies in the Asset Management industry.
Is Destra Multi-Alternative Fund's Intrinsic Value: Projected FCF too high?
Destra Multi-Alternative Fund's current Intrinsic Value: Projected FCF is $0.00. Based on the distribution chart, Destra Multi-Alternative Fund ranks #999999 out of 1217 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Destra Multi-Alternative Fund has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Destra Multi-Alternative Fund's Intrinsic Value: Projected FCF compare to GEG and PCM?
According to the Asset Management industry distribution chart, Destra Multi-Alternative Fund ranks #999999 out of 1217 companies for Intrinsic Value: Projected FCF. This places Destra Multi-Alternative Fund in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Asset Management company?
The median Intrinsic Value: Projected FCF among Asset Management companies is 0.89, based on 1,217 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Destra Multi-Alternative Fund and its competitors. For the Asset Management industry, the median Intrinsic Value: Projected FCF is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Destra Multi-Alternative Fund's current Intrinsic Value: Projected FCF is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Destra Multi-Alternative Fund stock overvalued right now?
Based on GuruFocus' analysis, Destra Multi-Alternative Fund (DMA) is currently considered Fairly Valued. The stock's GF Value™ is $8.32, compared to a current price of $7.62 — trading 8.4% below its estimated fair value. The current Intrinsic Value: Projected FCF is $0.00. Destra Multi-Alternative Fund's overall GF Score™ is 45/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Destra Multi-Alternative Fund (DMA), the current Intrinsic Value: Projected FCF is $0.00 as of Sep. 22, 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.
Is Destra Multi-Alternative Fund (DMA) Overvalued in 2026?
Based on GuruFocus' analysis, Destra Multi-Alternative Fund stock appears to be undervalued.
The current stock price of $7.62 is trading 8.4% below its estimated GF Value™ of $8.32.
GuruFocus considers Destra Multi-Alternative Fund to be Fairly Valued.
Key valuation signals for DMA:
Intrinsic Value: Projected FCF: $0.00
GF Value™: $8.32 vs. price of $7.62 (8.4% below fair value)
No single metric tells the full story. See the DMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Destra Multi-Alternative Fund is a non-diversified, closed-end management investment company that operates as an interval fund with a continuous offering of fund shares. The investment objective of the fund is to seek returns from capital appreciation and income, with an emphasis on income generation. The Fund pursues its investment objective by investing mainly in the income-producing securities of real estate investment trusts (REITs) and alternative investment funds, as well as common stocks and structured notes, bonds, and asset-backed securities.
45GF Score
Get the complete analysis for DMA
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DMA has been successfully added to your 
