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BNY Mellon High Yield Strategies Fund (BNY Mellon High Yield Strategies Fund) EV-to-FCF : 18.61 (As of Apr. 29, 2024)


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What is BNY Mellon High Yield Strategies Fund EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, BNY Mellon High Yield Strategies Fund's Enterprise Value is $246.33 Mil. BNY Mellon High Yield Strategies Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2023 was $13.24 Mil. Therefore, BNY Mellon High Yield Strategies Fund's EV-to-FCF for today is 18.61.

The historical rank and industry rank for BNY Mellon High Yield Strategies Fund's EV-to-FCF or its related term are showing as below:

DHF' s EV-to-FCF Range Over the Past 10 Years
Min: 4.98   Med: 12.95   Max: 54.03
Current: 18.63

During the past 6 years, the highest EV-to-FCF of BNY Mellon High Yield Strategies Fund was 54.03. The lowest was 4.98. And the median was 12.95.

DHF's EV-to-FCF is ranked worse than
62.42% of 1075 companies
in the Asset Management industry
Industry Median: 13.48 vs DHF: 18.63

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 (2024-04-29), BNY Mellon High Yield Strategies Fund's stock price is $2.316. BNY Mellon High Yield Strategies Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was $0.317. Therefore, BNY Mellon High Yield Strategies Fund's PE Ratio for today is 7.31.


BNY Mellon High Yield Strategies Fund EV-to-FCF Historical Data

The historical data trend for BNY Mellon High Yield Strategies 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.

BNY Mellon High Yield Strategies Fund EV-to-FCF Chart

BNY Mellon High Yield Strategies Fund Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-FCF
Get a 7-Day Free Trial 12.92 5.29 49.39 17.55 6.86

BNY Mellon High Yield Strategies Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 17.55 - 6.86 -

Competitive Comparison of BNY Mellon High Yield Strategies Fund's EV-to-FCF

For the Asset Management subindustry, BNY Mellon High Yield Strategies 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.


BNY Mellon High Yield Strategies Fund's EV-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon High Yield Strategies Fund's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where BNY Mellon High Yield Strategies Fund's EV-to-FCF falls into.



BNY Mellon High Yield Strategies Fund EV-to-FCF Calculation

BNY Mellon High Yield Strategies Fund's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=246.330/13.237
=18.61

BNY Mellon High Yield Strategies Fund's current Enterprise Value is $246.33 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BNY Mellon High Yield Strategies Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2023 was $13.24 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.


BNY Mellon High Yield Strategies Fund  (NYSE:DHF) 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.

BNY Mellon High Yield Strategies Fund's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.316/0.317
=7.31

BNY Mellon High Yield Strategies Fund's share price for today is $2.316.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BNY Mellon High Yield Strategies Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was $0.317.

* 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.


BNY Mellon High Yield Strategies Fund EV-to-FCF Related Terms

Thank you for viewing the detailed overview of BNY Mellon High Yield Strategies Fund's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


BNY Mellon High Yield Strategies Fund (BNY Mellon High Yield Strategies Fund) Business Description

Traded in Other Exchanges
N/A
Address
240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon High Yield Strategies Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to seek high current income and its secondary objective is capital appreciation. It invests primarily in fixed-income securities of below-investment-grade credit quality.
Executives
Irene Papadoulis other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Bushra Mannan other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Ping Jiang other: Dir. of Invest. Oversight (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Bradley J Skapyak director 200 PARK AVENUE, NEW YORK NY 10166
Kevin L. Cronk other: Portfolio Manager 200 PARK AVENUE, NEW YORK NY 10166
Joseph Martella officer: VP C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10288
Daniel Goldstein officer: VP 240 GREENWICH STREET, NEW YORK NY 10286
Robert J. Pomeroy officer: VP; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
John Squillace other: CCO; Investment Adviser 240 GREENWICH STREET, NEW YORK NY 10286
Gregory Pasquale other: CFO; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Joseph S Dimartino director C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Kenneth J. Bradle other: Director of Advisor 240 GREENWICH STREET, NEW YORK NY 10286
Leland Hart other: Portfolio Manager 200 PARK AVENUE, NEW YORK NY 10116
Amanda Quinn officer: VP and Asst Secretary C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Chris E Barris other: Portfolio Manager 200 PARK AVENUE, NEW YORK NY 10166

BNY Mellon High Yield Strategies Fund (BNY Mellon High Yield Strategies Fund) Headlines