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Virtus Convertible &ome 2024 Target Term Fund (Virtus Convertible &ome 2024 Target Term Fund) Price-to-Free-Cash-Flow : 14.62 (As of Apr. 28, 2024)


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What is Virtus Convertible &ome 2024 Target Term Fund Price-to-Free-Cash-Flow?

As of today (2024-04-28), Virtus Convertible &ome 2024 Target Term Fund's share price is $8.93. Virtus Convertible &ome 2024 Target Term Fund's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jan. 2023 was $0.61. Hence, Virtus Convertible &ome 2024 Target Term Fund's Price-to-Free-Cash-Flow Ratio for today is 14.62.

The historical rank and industry rank for Virtus Convertible &ome 2024 Target Term Fund's Price-to-Free-Cash-Flow or its related term are showing as below:

CBH' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 2.29   Med: 16.44   Max: 19.69
Current: 14.62

During the past 5 years, Virtus Convertible &ome 2024 Target Term Fund's highest Price-to-Free-Cash-Flow Ratio was 19.69. The lowest was 2.29. And the median was 16.44.

CBH's Price-to-Free-Cash-Flow is ranked worse than
54.59% of 1024 companies
in the Asset Management industry
Industry Median: 12.73 vs CBH: 14.62

Virtus Convertible &ome 2024 Target Term Fund's Free Cash Flow per Share for the six months ended in Jan. 2023 was $0.34. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $0.61.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Virtus Convertible &ome 2024 Target Term Fund was 520.90% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 90.70% per year.

During the past 5 years, Virtus Convertible &ome 2024 Target Term Fund's highest 3-Year average Free Cash Flow per Share Growth Rate was 90.70% per year. The lowest was 3.30% per year. And the median was 47.00% per year.


Virtus Convertible &ome 2024 Target Term Fund Price-to-Free-Cash-Flow Historical Data

The historical data trend for Virtus Convertible &ome 2024 Target Term 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.

Virtus Convertible &ome 2024 Target Term Fund Price-to-Free-Cash-Flow Chart

Virtus Convertible &ome 2024 Target Term Fund Annual Data
Trend Feb19 Feb20 Feb21 Jan23 Jan24
Price-to-Free-Cash-Flow
16.19 16.68 18.12 14.71 2.31

Virtus Convertible &ome 2024 Target Term Fund Semi-Annual Data
Aug17 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Jul22 Jan23 Jan24
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 18.12 - - 14.71 2.31

Competitive Comparison of Virtus Convertible &ome 2024 Target Term Fund's Price-to-Free-Cash-Flow

For the Asset Management subindustry, Virtus Convertible &ome 2024 Target Term 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.


Virtus Convertible &ome 2024 Target Term Fund's Price-to-Free-Cash-Flow Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Convertible &ome 2024 Target Term Fund's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Virtus Convertible &ome 2024 Target Term Fund's Price-to-Free-Cash-Flow falls into.



Virtus Convertible &ome 2024 Target Term Fund Price-to-Free-Cash-Flow Calculation

Virtus Convertible &ome 2024 Target Term 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)
=8.93/0.611
=14.62

Virtus Convertible &ome 2024 Target Term Fund's Share Price of today is $8.93.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Virtus Convertible &ome 2024 Target Term Fund's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jan. 2023 was $0.61.

* 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

Virtus Convertible &ome 2024 Target Term Fund  (NYSE:CBH) 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.


Virtus Convertible &ome 2024 Target Term Fund Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Virtus Convertible &ome 2024 Target Term Fund's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Virtus Convertible &ome 2024 Target Term Fund (Virtus Convertible &ome 2024 Target Term Fund) Business Description

Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301
AllianzGI Convertible & Income 2024 Target Term Fund is a diversified, closed-end management investment company. The fund's investment objectives are to provide a high level of income and to returns. The group invests in various sectors such as Aerospace and Defense, Healthcare-Services, Machinery-Construction and Mining, Pharmaceuticals, Transportation, Textiles, Apparel and Luxury Goods, Diversified Financial Services, Auto Components and others.
Executives
R Keith Walton director 100 PEARL STREET, HARTFORD CT 06103
Mcdaniel Connie D director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Christine Hurtsellers other: CEO - Subadviser to the issuer 230 PARK AVENUE, NEW YORK NY 10169
Vincent J Costa other: CIO-Subadviser to the issuer 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Paul Zemsky other: CIO-Subadviser to the issuer 230 PARK AVENUE, NEW YORK NY 10169
Voya Investment Management Co other: Subadviser to the issuer 10 STATE HOUSE SQUARE, SH12, HARTFORD CT 06103-3602
Philip R Mcloughlin director 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Brian T Zino director 100 PARK AVENUE, NEW YORK NY 10017
Richard W Smirl officer: EVP C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
F Ford Drummond director 100 N BROADWAY, OKLAHOMA CITY OK 73102
Alan Rappaport director C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Bradley William Patrick Iii officer: EVP, CFO and Treasurer C/O VIRTUS INVESTMENT PARTNERS, INC., 56 PROSPECT STREET, HARTFORD CT 06115
George R Aylward director, officer: President and CEO C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Francis G Waltman officer: EVP C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Justin Kass other: Portfolio Manager 1345 AVE OF THE AMERICAS, NEW YORK NY 10105

Virtus Convertible &ome 2024 Target Term Fund (Virtus Convertible &ome 2024 Target Term Fund) Headlines