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Canadian Highome Equity Fund (TSX:CIQ.UN) EV-to-FCF : 4.71 (As of May. 29, 2024)


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What is Canadian Highome Equity Fund EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Canadian Highome Equity Fund's Enterprise Value is C$6.74 Mil. Canadian Highome Equity Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.43 Mil. Therefore, Canadian Highome Equity Fund's EV-to-FCF for today is 4.71.

The historical rank and industry rank for Canadian Highome Equity Fund's EV-to-FCF or its related term are showing as below:

TSX:CIQ.UN' s EV-to-FCF Range Over the Past 10 Years
Min: 2.53   Med: 4.16   Max: 6.8
Current: 4.72

During the past 13 years, the highest EV-to-FCF of Canadian Highome Equity Fund was 6.80. The lowest was 2.53. And the median was 4.16.

TSX:CIQ.UN's EV-to-FCF is ranked better than
84.4% of 1051 companies
in the Asset Management industry
Industry Median: 13.47 vs TSX:CIQ.UN: 4.72

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-29), Canadian Highome Equity Fund's stock price is C$6.49. Canadian Highome Equity Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.250. Therefore, Canadian Highome Equity Fund's PE Ratio for today is 25.96.


Canadian Highome Equity Fund EV-to-FCF Historical Data

The historical data trend for Canadian Highome Equity Fund's EV-to-FCF 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.

Canadian Highome Equity Fund EV-to-FCF Chart

Canadian Highome Equity Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 4.41 3.18 4.75 4.73

Canadian Highome Equity Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-FCF Get a 7-Day Free Trial 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 3.18 - 4.75 - 4.73

Competitive Comparison of Canadian Highome Equity Fund's EV-to-FCF

For the Asset Management subindustry, Canadian Highome Equity Fund's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


Canadian Highome Equity Fund's EV-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Canadian Highome Equity Fund's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Canadian Highome Equity Fund's EV-to-FCF falls into.



Canadian Highome Equity Fund EV-to-FCF Calculation

Canadian Highome Equity Fund's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=6.744/1.433
=4.71

Canadian Highome Equity Fund's current Enterprise Value is C$6.74 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Canadian Highome Equity Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.43 Mil.

* 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.


Canadian Highome Equity Fund  (TSX:CIQ.UN) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Canadian Highome Equity Fund's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.49/0.250
=25.96

Canadian Highome Equity Fund's share price for today is C$6.49.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Canadian Highome Equity Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.250.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Canadian Highome Equity Fund EV-to-FCF Related Terms

Thank you for viewing the detailed overview of Canadian Highome Equity Fund's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian Highome Equity Fund (TSX:CIQ.UN) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 2930, P.O. Box 793, Bay Wellington Tower, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Canadian High Income Equity Fund is a closed-end investment fund. Its investment objectives are to provide unitholders with a high monthly cash Distribution and the opportunity for capital appreciation, through investment in an actively managed portfolio of publicly listed or traded Canadian securities. It seeks to achieve its investment objectives by investing the Fund Property in an actively managed portfolio of publicly traded or listed Canadian securities including income trusts, royalty trusts, real estate investment trusts, dividend paying common equities, preferred securities and, to a lesser extent, non-dividend paying equities and foreign securities, managed by the Investment Manager.

Canadian Highome Equity Fund (TSX:CIQ.UN) Headlines

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