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BlackRock Innovation & Growth Tr (BlackRock Innovation & Growth Tr) EV-to-FCF : 7.64 (As of May. 07, 2024)


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What is BlackRock Innovation & Growth Tr EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, BlackRock Innovation & Growth Tr's Enterprise Value is $1,654.0 Mil. BlackRock Innovation & Growth Tr's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $216.6 Mil. Therefore, BlackRock Innovation & Growth Tr's EV-to-FCF for today is 7.64.

The historical rank and industry rank for BlackRock Innovation & Growth Tr's EV-to-FCF or its related term are showing as below:

BIGZ' s EV-to-FCF Range Over the Past 10 Years
Min: -0.78   Med: 5.4   Max: 8.13
Current: 7.52

During the past 3 years, the highest EV-to-FCF of BlackRock Innovation & Growth Tr was 8.13. The lowest was -0.78. And the median was 5.40.

BIGZ's EV-to-FCF is ranked better than
71.92% of 1065 companies
in the Asset Management industry
Industry Median: 13.39 vs BIGZ: 7.52

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 (2024-05-07), BlackRock Innovation & Growth Tr's stock price is $7.37. BlackRock Innovation & Growth Tr's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.204. Therefore, BlackRock Innovation & Growth Tr's PE Ratio for today is At Loss.


BlackRock Innovation & Growth Tr EV-to-FCF Historical Data

The historical data trend for BlackRock Innovation & Growth Tr'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.

BlackRock Innovation & Growth Tr EV-to-FCF Chart

BlackRock Innovation & Growth Tr Annual Data
Trend Dec21 Dec22 Dec23
EV-to-FCF
-0.75 5.04 7.60

BlackRock Innovation & Growth Tr Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-FCF Get a 7-Day Free Trial - - 5.04 - 7.60

Competitive Comparison of BlackRock Innovation & Growth Tr's EV-to-FCF

For the Asset Management subindustry, BlackRock Innovation & Growth Tr'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.


BlackRock Innovation & Growth Tr's EV-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Innovation & Growth Tr's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where BlackRock Innovation & Growth Tr's EV-to-FCF falls into.



BlackRock Innovation & Growth Tr EV-to-FCF Calculation

BlackRock Innovation & Growth Tr's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1653.968/216.573
=7.64

BlackRock Innovation & Growth Tr's current Enterprise Value is $1,654.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BlackRock Innovation & Growth Tr's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $216.6 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.


BlackRock Innovation & Growth Tr  (NYSE:BIGZ) 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.

BlackRock Innovation & Growth Tr's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=7.37/-0.204
=At Loss

BlackRock Innovation & Growth Tr's share price for today is $7.37.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BlackRock Innovation & Growth Tr's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.204.

* 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.


BlackRock Innovation & Growth Tr EV-to-FCF Related Terms

Thank you for viewing the detailed overview of BlackRock Innovation & Growth Tr's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock Innovation & Growth Tr (BlackRock Innovation & Growth Tr) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Innovation & Growth Tr is a non-diversified, closed-end management investment company. The Trust's investment objectives are to provide total return and income through a combination of current income, current gains, and long-term capital appreciation.
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
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Philip Henry Ruvinsky other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
John Perlowski director, officer: See Remarks 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Misha Lozovik other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Kyle Mcclements other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809