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First Trust Specialty Fnc & Fncl Oppor (First Trust Specialty Fnc & Fncl Oppor) Price-to-Free-Cash-Flow : 7.90 (As of May. 27, 2024)


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What is First Trust Specialty Fnc & Fncl Oppor Price-to-Free-Cash-Flow?

As of today (2024-05-27), First Trust Specialty Fnc & Fncl Oppor's share price is $3.79. First Trust Specialty Fnc & Fncl Oppor's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.48. Hence, First Trust Specialty Fnc & Fncl Oppor's Price-to-Free-Cash-Flow Ratio for today is 7.90.

The historical rank and industry rank for First Trust Specialty Fnc & Fncl Oppor's Price-to-Free-Cash-Flow or its related term are showing as below:

FGB' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 1.82   Med: 8.48   Max: 22.34
Current: 7.9

During the past 7 years, First Trust Specialty Fnc & Fncl Oppor's highest Price-to-Free-Cash-Flow Ratio was 22.34. The lowest was 1.82. And the median was 8.48.

FGB's Price-to-Free-Cash-Flow is ranked better than
69.26% of 1002 companies
in the Asset Management industry
Industry Median: 12.78 vs FGB: 7.90

First Trust Specialty Fnc & Fncl Oppor's Free Cash Flow per Share for the six months ended in Nov. 2023 was $0.24. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $0.48.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of First Trust Specialty Fnc & Fncl Oppor was 62.60% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -33.00% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -16.40% per year.

During the past 7 years, First Trust Specialty Fnc & Fncl Oppor's highest 3-Year average Free Cash Flow per Share Growth Rate was 40.10% per year. The lowest was -37.20% per year. And the median was -27.15% per year.


First Trust Specialty Fnc & Fncl Oppor Price-to-Free-Cash-Flow Historical Data

The historical data trend for First Trust Specialty Fnc & Fncl Oppor'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.

First Trust Specialty Fnc & Fncl Oppor Price-to-Free-Cash-Flow Chart

First Trust Specialty Fnc & Fncl Oppor Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial 9.05 1.91 21.28 10.97 6.48

First Trust Specialty Fnc & Fncl Oppor Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 21.28 - 10.97 - 6.48

Competitive Comparison of First Trust Specialty Fnc & Fncl Oppor's Price-to-Free-Cash-Flow

For the Asset Management subindustry, First Trust Specialty Fnc & Fncl Oppor'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.


First Trust Specialty Fnc & Fncl Oppor's Price-to-Free-Cash-Flow Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Specialty Fnc & Fncl Oppor's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where First Trust Specialty Fnc & Fncl Oppor's Price-to-Free-Cash-Flow falls into.



First Trust Specialty Fnc & Fncl Oppor Price-to-Free-Cash-Flow Calculation

First Trust Specialty Fnc & Fncl Oppor'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)
=3.79/0.48
=7.90

First Trust Specialty Fnc & Fncl Oppor's Share Price of today is $3.79.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Trust Specialty Fnc & Fncl Oppor's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $0.48.

* 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

First Trust Specialty Fnc & Fncl Oppor  (NYSE:FGB) 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.


First Trust Specialty Fnc & Fncl Oppor Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of First Trust Specialty Fnc & Fncl Oppor's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


First Trust Specialty Fnc & Fncl Oppor (First Trust Specialty Fnc & Fncl Oppor) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Specialty Fnc & Fncl Oppor is a United States-based closed-end management investment company. The Fund's primary investment objective is to seek a high level of current income. It seeks a positive total return as a secondary objective. The Fund seeks to achieve its investment objectives by investing at least 80% of its Managed Assets in a portfolio of securities of specialty finance and other financial companies.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Thomas R Kadlec director C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Steven Patrick Farmer other: Officer-Invest. Sub-Advisor 50 S. LASALLE STREET, CHICAGO IL 60603
Anne Kochevar other: Officer - Invest. Sub-Advisor
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Rosanne Gatta officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Erin E Klassman officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187
Joseph J Hanzlik other: Officer-Investment Sub-Adviser CONFLUENCE INVESTMENT MANAGEMENT LLC, 349 MARSHALL AVENUE, SUITE 302, ST. LOUIS MO 63119
Patricia A Dahl other: Officer-Investment Sub-Adviser CONFLUENCE INVESTMENT MANAGEMENT LLC, 349 MARSHALL AVENUE, SUITE 302, ST. LOUIS MO 63119
Confluence Investment Management Llc other: Investment Sub-Adviser 20 ALLEN AVENUE, SUITE 300, ST. LOUIS MO 63119

First Trust Specialty Fnc & Fncl Oppor (First Trust Specialty Fnc & Fncl Oppor) Headlines

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