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Canadian Highome Equity Fund (TSX:CIQ.UN) Price-to-Free-Cash-Flow : 5.23 (As of May. 29, 2024)


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What is Canadian Highome Equity Fund Price-to-Free-Cash-Flow?

As of today (2024-05-29), Canadian Highome Equity Fund's share price is C$6.49. Canadian Highome Equity Fund's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.24. Hence, Canadian Highome Equity Fund's Price-to-Free-Cash-Flow Ratio for today is 5.23.

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

TSX:CIQ.UN' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 2.58   Med: 4.18   Max: 6.81
Current: 5.25

During the past 13 years, Canadian Highome Equity Fund's highest Price-to-Free-Cash-Flow Ratio was 6.81. The lowest was 2.58. And the median was 4.18.

TSX:CIQ.UN's Price-to-Free-Cash-Flow is ranked better than
82.12% of 1001 companies
in the Asset Management industry
Industry Median: 12.76 vs TSX:CIQ.UN: 5.25

Canadian Highome Equity Fund's Free Cash Flow per Share for the six months ended in Dec. 2023 was C$0.91. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was C$1.24.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Canadian Highome Equity Fund was -5.20% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -5.30% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -7.40% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was -7.80% per year.

During the past 13 years, Canadian Highome Equity Fund's highest 3-Year average Free Cash Flow per Share Growth Rate was 13.20% per year. The lowest was -31.00% per year. And the median was -4.40% per year.


Canadian Highome Equity Fund Price-to-Free-Cash-Flow Historical Data

The historical data trend for Canadian Highome Equity 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.

Canadian Highome Equity Fund Price-to-Free-Cash-Flow Chart

Canadian Highome Equity Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.41 4.91 3.77 5.31 5.33

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
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.77 - 5.31 - 5.33

Competitive Comparison of Canadian Highome Equity Fund's Price-to-Free-Cash-Flow

For the Asset Management subindustry, Canadian Highome Equity 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.


Canadian Highome Equity Fund's Price-to-Free-Cash-Flow Distribution in the Asset Management Industry

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

* The bar in red indicates where Canadian Highome Equity Fund's Price-to-Free-Cash-Flow falls into.



Canadian Highome Equity Fund Price-to-Free-Cash-Flow Calculation

Canadian Highome Equity 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)
=6.49/1.24
=5.23

Canadian Highome Equity Fund's Share Price of today is C$6.49.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Canadian Highome Equity Fund's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.24.

* 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

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


Canadian Highome Equity Fund Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Canadian Highome Equity Fund's Price-to-Free-Cash-Flow 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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