The historical rank and industry rank for Tortoise Pipeline & Energy Fund's EV-to-FCF or its related term are showing as below:
TTP'
s EV-to-FCF Range Over the Past 10 Years
Min: 1.23 Med: 9.09 Max: 18.31
Current: 6.3
During the past 7 years, the highest EV-to-FCF of Tortoise Pipeline & Energy Fund was 18.31. The lowest was 1.23. And the median was 9.09.
TTP's EV-to-FCF is ranked better than 78.59% of 1051
companies
in the Asset Management industry
Industry Median: 13.47
vs TTP: 6.30
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.
* 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 Tortoise Pipeline & Energy Fund's EV-to-FCF
For the Asset Management subindustry, Tortoise Pipeline & Energy 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.
Tortoise Pipeline & Energy Fund's EV-to-FCF Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Tortoise Pipeline & Energy Fund's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Tortoise Pipeline & Energy Fund's EV-to-FCF falls into.
Tortoise Pipeline & Energy Fund EV-to-FCF Calculation
Tortoise Pipeline & Energy Fund's current Enterprise Value is $76.61 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tortoise Pipeline & Energy Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2023 was $12.22 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.
Tortoise Pipeline & Energy Fund (NYSE:TTP) 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.
Tortoise Pipeline & Energy Fund's PE Ratio for today is calculated as:
Tortoise Pipeline & Energy Fund's share price for today is $33.21.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tortoise Pipeline & Energy Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2023 was $2.210.
* 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.
Tortoise Pipeline & Energy Fund EV-to-FCF Related Terms
Thank you for viewing the detailed overview of Tortoise Pipeline & Energy Fund's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Tortoise Pipeline & Energy Fund (Tortoise Pipeline & Energy Fund) Business Description
Tortoise Pipeline & Energy Fund Inc is a non-diversified, closed-end investment management company. It invests in equity securities of North American pipeline companies that transport natural gas, natural gas liquids, crude oil, and refined products. The company seeks to invest in fixed-income and dividend-paying equity securities of power and energy infrastructure companies that provide stable and defensive characteristics throughout economic cycles.
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