The historical rank and industry rank for Pioneer Muni Highome Advantage Tr's Price-to-Free-Cash-Flow or its related term are showing as below:
MAV'
s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 2.92 Med: 10.6 Max: 20.65
Current: 6.59
During the past 6 years, Pioneer Muni Highome Advantage Tr's highest Price-to-Free-Cash-Flow Ratio was 20.65. The lowest was 2.92. And the median was 10.60.
MAV's Price-to-Free-Cash-Flow is ranked better than 76% of 1021
companies
in the Asset Management industry
Industry Median: 12.72
vs MAV: 6.59
During the past 12 months, the average Free Cash Flow per Share Growth Rate of Pioneer Muni Highome Advantage Tr was -4.00% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 28.50% per year.
During the past 6 years, Pioneer Muni Highome Advantage Tr's highest 3-Year average Free Cash Flow per Share Growth Rate was 28.50% per year. The lowest was 28.50% per year. And the median was 28.50% per year.
Pioneer Muni Highome Advantage Tr Price-to-Free-Cash-Flow 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.
Competitive Comparison of Pioneer Muni Highome Advantage Tr's Price-to-Free-Cash-Flow
For the Asset Management subindustry, Pioneer Muni Highome Advantage Tr'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.
Pioneer Muni Highome Advantage Tr's Price-to-Free-Cash-Flow Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Pioneer Muni Highome Advantage Tr's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Pioneer Muni Highome Advantage Tr's Price-to-Free-Cash-Flow falls into.
Pioneer Muni Highome Advantage Tr's Share Price of today is $7.81.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Pioneer Muni Highome Advantage Tr's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $1.19.
* 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:
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.
Pioneer Muni Highome Advantage Tr Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of Pioneer Muni Highome Advantage Tr's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
Pioneer Muni High Income Advantage Tr is a closed-end fund designed to pursue high current income exempt from regular federal income tax and to seek capital appreciation. The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. Geographically, its activities are carried out through the United States.
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