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Allspring Utilities and Highome Fund (Allspring Utilities and Highome Fund) Price-to-Free-Cash-Flow

: 10.20 (As of Today)
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As of today (2024-04-19), Allspring Utilities and Highome Fund's share price is $9.03. Allspring Utilities and Highome Fund's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Aug. 2023 was $0.89. Hence, Allspring Utilities and Highome Fund's Price-to-Free-Cash-Flow Ratio for today is 10.20.

The historical rank and industry rank for Allspring Utilities and Highome Fund's Price-to-Free-Cash-Flow or its related term are showing as below:

ERH' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 4.39   Med: 14.81   Max: 39.85
Current: 10.15

During the past 13 years, Allspring Utilities and Highome Fund's highest Price-to-Free-Cash-Flow Ratio was 39.85. The lowest was 4.39. And the median was 14.81.

ERH's Price-to-Free-Cash-Flow is ranked better than
59.35% of 1021 companies
in the Asset Management industry
Industry Median: 12.62 vs ERH: 10.15

Allspring Utilities and Highome Fund's Free Cash Flow per Share for the six months ended in Aug. 2023 was $0.43. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $0.89.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Allspring Utilities and Highome Fund was 170.60% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 3.50% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -22.00% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was -5.40% per year.

During the past 13 years, Allspring Utilities and Highome Fund's highest 3-Year average Free Cash Flow per Share Growth Rate was 55.10% per year. The lowest was -40.60% per year. And the median was -2.80% per year.


Allspring Utilities and Highome Fund Price-to-Free-Cash-Flow Historical Data

The historical data trend for Allspring Utilities and Highome Fund's Price-to-Free-Cash-Flow 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.

Allspring Utilities and Highome Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Price-to-Free-Cash-Flow
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.49 15.99 27.65 37.74 10.93

Allspring Utilities and Highome Fund Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Price-to-Free-Cash-Flow Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.65 - 37.74 - 10.93

Competitive Comparison

For the Asset Management subindustry, Allspring Utilities and Highome Fund's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Allspring Utilities and Highome Fund Price-to-Free-Cash-Flow Distribution

For the Asset Management industry and Financial Services sector, Allspring Utilities and Highome Fund's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Allspring Utilities and Highome Fund's Price-to-Free-Cash-Flow falls into.



Allspring Utilities and Highome Fund Price-to-Free-Cash-Flow Calculation

Allspring Utilities and Highome Fund's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=9.03/0.885
=10.20

Allspring Utilities and Highome Fund's Share Price of today is $9.03.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Allspring Utilities and Highome Fund's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Aug. 2023 was $0.89.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Allspring Utilities and Highome Fund  (AMEX:ERH) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Allspring Utilities and Highome Fund Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Allspring Utilities and Highome Fund's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Allspring Utilities and Highome Fund (Allspring Utilities and Highome Fund) Business Description

Traded in Other Exchanges
N/A
Address
1415 Vantage Park Drive, 3rd Floor, Charlotte, NC, USA, 28203
Allspring Utilities and High Income Fund is a diversified closed-end management investment company. Its investment objective is to seek a high level of current income and moderate capital growth, with an emphasis on providing tax-advantaged dividend income. The company's investment portfolio includes direct debt instruments, which are interests in amounts owed to lenders by corporate or other borrowers. It also invests in various industries which includes auto components, hotels, household durables, media, specialty retail, apparel, oil, gas, consumable fuels, industrials, information technology, telecommunication services, financial and healthcare. Its investment advisor is Wells Fargo Funds Management LLC.
Executives
Jennifer Lea Grunberg officer: Chief Compliance Officer 350 PARK AVENUE, ALLSPRING GLOBAL INVESTMENTS, NEW YORK NY 10022
Paul Werner Felsch officer: Chief Complaince Officer 100 HERITAGE RESERVE, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS WI 53051
Jane A Freeman director ALLSPRING FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Christopher Micah Baker officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02356
Karin Brotman officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 525 MARKET STREET, SAN FRANCISCO CA 94105
Kate Sandman Mckinley officer: Chief Compliance Officer ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02210
Richard Matthew Prasse officer: Secretary WELLS FARGO LAW DEPARTMENT, 125 HIGH STREET, FLOOR 13, BOSTON MA 02110-2704
Christopher M Lee other: Portfolio Manager WELLS CAPITAL MANAGEMENT, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Michael Joseph Schueller other: Portfolio Manager 100 HERITAGE RESERVE, 2ND FLOOR, WELLS CAPITAL MANAGEMENT, MENOMONEE FALLS WI 53051-4400
Jack E Spudich other: Portfolio Manager 1 N JEFFERSON AVE, 7TH FLOOR, SAINT LOUIS MT 63103-2205
Kent A Newcomb other: Portfolio Manager 1 N JEFFERSON AVE, 7TH FLOOR, SAINT LOUIS MT 63103-2205
Daniel J. Mavico officer: Chief Compliance Officer 401 S TRYON STREET, FLOOR 2, CHARLOTTE NC 28202-1911
Kevin T. Roskopf other: Share Repurchase Committee Mem WELLS FARGO ASSET MANAGEMENT, 100 HERITAGE RESERVE, 1ST FLOOR, MENOMONEE FALLS WI 53051-4400
Andrew R Tuttle officer: Portfolio Mgr. 25 RECREATION PARK DRIVE, SUITE 206, HINGHAM MA 02043
William R. Ebsworth director WELLS FARGO FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105