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FFA (First Trust Enhanced Equityome Fund) Median PS Value : $0.00 (As of Dec. 14, 2024)


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What is First Trust Enhanced Equityome Fund Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. First Trust Enhanced Equityome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was $3.558. First Trust Enhanced Equityome Fund's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.

As of today (2024-12-14), First Trust Enhanced Equityome Fund's share price is $21.00. First Trust Enhanced Equityome Fund's Median PS Value is $0.00. Therefore, First Trust Enhanced Equityome Fund's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for First Trust Enhanced Equityome Fund's Median PS Value or its related term are showing as below:

FFA's Price-to-Median-PS-Value is not ranked *
in the Asset Management industry.
Industry Median: 1.01
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

First Trust Enhanced Equityome Fund Median PS Value Historical Data

The historical data trend for First Trust Enhanced Equityome Fund's Median PS Value 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.

First Trust Enhanced Equityome Fund Median PS Value Chart

First Trust Enhanced Equityome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
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First Trust Enhanced Equityome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of First Trust Enhanced Equityome Fund's Median PS Value

For the Asset Management subindustry, First Trust Enhanced Equityome Fund's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.


First Trust Enhanced Equityome Fund's Price-to-Median-PS-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Enhanced Equityome Fund's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where First Trust Enhanced Equityome Fund's Price-to-Median-PS-Value falls into.



First Trust Enhanced Equityome Fund Median PS Value Calculation

First Trust Enhanced Equityome Fund's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=3.558*0
=0.00

10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Trust Enhanced Equityome Fund's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2024 was $3.558.

* 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.


First Trust Enhanced Equityome Fund  (NYSE:FFA) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

First Trust Enhanced Equityome Fund's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=21.00/0.00
=

* 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.


First Trust Enhanced Equityome Fund Median PS Value Related Terms

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First Trust Enhanced Equityome Fund Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Enhanced Equity Income Fund is a diversified, closed-end management investment company. Its investment objective is to provide a high level of current income and gains and, to a lesser extent, capital appreciation. The Fund pursues its investment objective by investing in a diversified portfolio of equity securities.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jeffrey D Bilsky other: Portfolio Manager-Sub Advisor C/O CHARTWELL INVESTMENT PARTNERS, 1205 WESTLAKES DR., SUITE 100, BERWYN PA 19312
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Douglas W Kugler other: Officer-Investment Sub-Advisor 1235 WESTLAKES DRIVE, SUITE 400, BERWYN PA 19312
Michael Patrick Magee other: Officer-Invest. Sub-Advisor C/O CHARTWELL INVESTMENT PARTNERS, LLC, 1205 WESTLAKES DRIVE, SUITE 100, BERWYN PA 19312
James A Bowen director, officer: President C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Luann Molino other: Officer-Investment Sub-Advisor CHARTWELL INVESTMENT PARTNERS, L.P., 1235 WESTLAKES DRIVE, SUITE 400, BERWYN PA 19312
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Peter M Schofield other: Officer-Investment Sub-Advisor CHARTWELL INVESTMENT PARTNERS, 1235 WESTLAKES DRIVE, SUITE 400, BERWYN PA 19312
Rosanne Gatta officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Erin E Klassman officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187