GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pioneer Municipal High Income Trust (NYSE:MHI) » Definitions » Price-to-Free-Cash-Flow

Pioneer Municipal Highome Trust (Pioneer Municipal Highome Trust) Price-to-Free-Cash-Flow

: 4.82 (As of Today)
View and export this data going back to . Start your Free Trial

As of today (2024-04-16), Pioneer Municipal Highome Trust's share price is $8.566. Pioneer Municipal Highome Trust's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $1.78. Hence, Pioneer Municipal Highome Trust's Price-to-Free-Cash-Flow Ratio for today is 4.82.

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

MHI' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 4.8   Med: 13.6   Max: 27.27
Current: 4.81

During the past 6 years, Pioneer Municipal Highome Trust's highest Price-to-Free-Cash-Flow Ratio was 27.27. The lowest was 4.80. And the median was 13.60.

MHI's Price-to-Free-Cash-Flow is ranked better than
83.38% of 1023 companies
in the Asset Management industry
Industry Median: 12.81 vs MHI: 4.81

Pioneer Municipal Highome Trust's Free Cash Flow per Share for the six months ended in Oct. 2023 was $0.90. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $1.78.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Pioneer Municipal Highome Trust was 620.20% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 9.70% per year.

During the past 6 years, Pioneer Municipal Highome Trust's highest 3-Year average Free Cash Flow per Share Growth Rate was 9.70% per year. The lowest was 9.70% per year. And the median was 9.70% per year.


Pioneer Municipal Highome Trust Price-to-Free-Cash-Flow Historical Data

The historical data trend for Pioneer Municipal Highome Trust'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.

Pioneer Municipal Highome Trust Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Price-to-Free-Cash-Flow
Premium Member Only - 12.21 - 25.59 7.50

Pioneer Municipal Highome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 - 25.59 - 7.50 -

Competitive Comparison

For the Asset Management subindustry, Pioneer Municipal Highome Trust'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 Municipal Highome Trust Price-to-Free-Cash-Flow Distribution

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

* The bar in red indicates where Pioneer Municipal Highome Trust's Price-to-Free-Cash-Flow falls into.



Pioneer Municipal Highome Trust Price-to-Free-Cash-Flow Calculation

Pioneer Municipal Highome Trust'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)
=8.566/1.779
=4.82

Pioneer Municipal Highome Trust's Share Price of today is $8.566.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Pioneer Municipal Highome Trust's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $1.78.

* 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

Pioneer Municipal Highome Trust  (NYSE:MHI) 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.


Pioneer Municipal Highome Trust Price-to-Free-Cash-Flow Related Terms

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


Pioneer Municipal Highome Trust (Pioneer Municipal Highome Trust) Business Description

Traded in Other Exchanges
N/A
Address
60 State Street, Boston, MA, USA, 02109
Pioneer Municipal High Income Trust is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income exempt from regular federal income tax and capital appreciation. The trust invests in various sectors such as health, education, tobacco, facilities, transportation, utilities, airport, water, and other sectors.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Yana Karalnik officer: CHIEF COMPLIANCE OFFICER 60 STATE STREET, BOSTON MA 02109
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Michael Melnick officer: Assistant Treasurer 60 STATE STREET, BOSTON MA 02109
Koenig Anthony J Jr officer: Treasurer 60 STATE STREET, BOSTON MA 02109
Craig C Mackay officer: Trustee 75 WEST 125TH STREET, NEW YORK NY 10027
Mark Edward Bradley officer: Treasurer 60 STATE STREET, BOSTON MA 02109
Diane Durnin other: Trustee 60 STATE STREET, BOSTON MA 02109
Baumgardner John E Jr. other: Trustee 60 STATE STREET, BOSTON MA 02109
John Michael Malone officer: Chief Compliance Officer 60 STATE STREET, BOSTON MA 02019
Group Ag Ubs 10 percent owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Wfc Holdings Corp 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152