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Invesco Highome 2023 Target Term Fund (Invesco Highome 2023 Target Term Fund) Price-to-Free-Cash-Flow : 1.29 (As of May. 06, 2024)


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What is Invesco Highome 2023 Target Term Fund Price-to-Free-Cash-Flow?

As of today (2024-05-06), Invesco Highome 2023 Target Term Fund's share price is $6.92. Invesco Highome 2023 Target Term Fund's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Aug. 2023 was $5.37. Hence, Invesco Highome 2023 Target Term Fund's Price-to-Free-Cash-Flow Ratio for today is 1.29.

The historical rank and industry rank for Invesco Highome 2023 Target Term Fund's Price-to-Free-Cash-Flow or its related term are showing as below:

IHIT' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 1.29   Med: 16.53   Max: 26.15
Current: 1.29

During the past 6 years, Invesco Highome 2023 Target Term Fund's highest Price-to-Free-Cash-Flow Ratio was 26.15. The lowest was 1.29. And the median was 16.53.

IHIT's Price-to-Free-Cash-Flow is not ranked
in the Asset Management industry.
Industry Median: 12.82 vs IHIT: 1.29

Invesco Highome 2023 Target Term Fund's Free Cash Flow per Share for the six months ended in Aug. 2023 was $5.36. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $5.37.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Invesco Highome 2023 Target Term Fund was 721.90% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -9.30% per year.

During the past 6 years, Invesco Highome 2023 Target Term Fund's highest 3-Year average Free Cash Flow per Share Growth Rate was -9.30% per year. The lowest was -15.80% per year. And the median was -12.55% per year.


Invesco Highome 2023 Target Term Fund Price-to-Free-Cash-Flow Historical Data

The historical data trend for Invesco Highome 2023 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.

Invesco Highome 2023 Target Term Fund Price-to-Free-Cash-Flow Chart

Invesco Highome 2023 Target Term Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial 17.81 17.36 10.90 25.88 18.30

Invesco Highome 2023 Target Term Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 25.88 - 18.30 -

Competitive Comparison of Invesco Highome 2023 Target Term Fund's Price-to-Free-Cash-Flow

For the Asset Management subindustry, Invesco Highome 2023 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.


Invesco Highome 2023 Target Term Fund's Price-to-Free-Cash-Flow Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Highome 2023 Target Term Fund's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Invesco Highome 2023 Target Term Fund's Price-to-Free-Cash-Flow falls into.



Invesco Highome 2023 Target Term Fund Price-to-Free-Cash-Flow Calculation

Invesco Highome 2023 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)
=6.92/5.367
=1.29

Invesco Highome 2023 Target Term Fund's Share Price of today is $6.92.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Invesco Highome 2023 Target Term Fund's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Aug. 2023 was $5.37.

* 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

Invesco Highome 2023 Target Term Fund  (NYSE:IHIT) 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.


Invesco Highome 2023 Target Term Fund Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Invesco Highome 2023 Target Term Fund's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Invesco Highome 2023 Target Term Fund (Invesco Highome 2023 Target Term Fund) Business Description

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, North East, Suite 1800, Atlanta, GA, USA, 30309
Invesco High Income 2023 Target Term Fund is a non-diversified closed-end management investment company. The fund's investment objectives are to provide a high level of current income and to return approximately $9.835 per share to common shareholders. The fund seeks to achieve its investment objectives by investing in securities collateralized by loans secured by real properties.
Executives
Glenn Eugene Brightman officer: President & PEO 570 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Stephanie Butcher officer: Senior Vice President 1555 PEACHTREE ST. NE, ATLANTA GA 30309
Tony Wong director, officer: Senior Vice President 1331 SPRING STREET NW, SUITE 2500, ATLANTA GA 30309
Melanie Ringold officer: SVP, CLO and Secretary 1555 PEACHTREE STREE NE, SUITE 1800, ATLANTA GA 30309
Mark William Gregson officer: Chief Accounting Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Terry Vacheron officer: Chief Financial Officer 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Bordewick James R Jr officer: Senior Officer & SVP C/O BANC OF AMERICA INVESTMENT ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Adrien Deberghes officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Laura Allison Dukes officer: SMD and CFO 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Robert C Troccoli other: Trustee 22 FOREST STREET, SCARBOROUGH ME 04074
Meadows Colin director 1360 PEACHTREE STREET, ATLANTA GA 30309
Kevin M Carome director
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Loren M Starr director
Todd F Kuehl officer: Chief Compliance officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309

Invesco Highome 2023 Target Term Fund (Invesco Highome 2023 Target Term Fund) Headlines