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Tortoise Essential Assetsome Term (Tortoise Essential Assetsome Term) EV-to-FCF : 9.13 (As of May. 14, 2024)


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What is Tortoise Essential Assetsome Term EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Tortoise Essential Assetsome Term's Enterprise Value is $183.29 Mil. Tortoise Essential Assetsome Term's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2023 was $20.08 Mil. Therefore, Tortoise Essential Assetsome Term's EV-to-FCF for today is 9.13.

The historical rank and industry rank for Tortoise Essential Assetsome Term's EV-to-FCF or its related term are showing as below:

TEAF' s EV-to-FCF Range Over the Past 10 Years
Min: -0.9   Med: 12.02   Max: 22.73
Current: 9.13

During the past 5 years, the highest EV-to-FCF of Tortoise Essential Assetsome Term was 22.73. The lowest was -0.90. And the median was 12.02.

TEAF's EV-to-FCF is ranked better than
66.54% of 1058 companies
in the Asset Management industry
Industry Median: 13.725 vs TEAF: 9.13

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 (2024-05-14), Tortoise Essential Assetsome Term's stock price is $11.80. Tortoise Essential Assetsome Term's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2023 was $-0.450. Therefore, Tortoise Essential Assetsome Term's PE Ratio for today is At Loss.


Tortoise Essential Assetsome Term EV-to-FCF Historical Data

The historical data trend for Tortoise Essential Assetsome Term'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.

Tortoise Essential Assetsome Term EV-to-FCF Chart

Tortoise Essential Assetsome Term Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Nov23
EV-to-FCF
-0.83 13.25 11.84 23.21 9.27

Tortoise Essential Assetsome Term Semi-Annual Data
May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.84 - 23.21 - 9.27

Competitive Comparison of Tortoise Essential Assetsome Term's EV-to-FCF

For the Asset Management subindustry, Tortoise Essential Assetsome Term'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 Essential Assetsome Term's EV-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tortoise Essential Assetsome Term's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Tortoise Essential Assetsome Term's EV-to-FCF falls into.



Tortoise Essential Assetsome Term EV-to-FCF Calculation

Tortoise Essential Assetsome Term's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=183.290/20.077
=9.13

Tortoise Essential Assetsome Term's current Enterprise Value is $183.29 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tortoise Essential Assetsome Term's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2023 was $20.08 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 Essential Assetsome Term  (NYSE:TEAF) 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 Essential Assetsome Term's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=11.80/-0.450
=At Loss

Tortoise Essential Assetsome Term's share price for today is $11.80.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tortoise Essential Assetsome Term's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2023 was $-0.450.

* 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 Essential Assetsome Term EV-to-FCF Related Terms

Thank you for viewing the detailed overview of Tortoise Essential Assetsome Term's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Tortoise Essential Assetsome Term (Tortoise Essential Assetsome Term) Business Description

Traded in Other Exchanges
N/A
Address
6363 College Boulevard, Suite 100A, Overland Park, KS, USA, 66211
Tortoise Essential Assets Income Term is a US-based non-diversified, closed-end management investment company. Its investment objective is to provide common shareholders with a high level of total return with an emphasis on current distributions.
Executives
Ciccotello Conrad S director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Katherine Moore officer: President, other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Jennifer Paquette director 5100 W. 115TH PLACE, LEAWOOD KS 66211
H Kevin Birzer director, other: MEMBER, INVESTMENT COMMITTEE 5100 W. 115TH PLACE, LEAWOOD KS 66211
Alexandra Herger director 5100 W. 115TH PLACE, LEAWOOD KS 66211
P. Bradley Adams officer: CFO, PFO & TREASURER 5100 W. 115TH PLACE, LEAWOOD KS 66211
Rand C Berney director 11550 ASH STREET, SUITE 300, LEAWOOD KS 66211
Sean Paul Wickliffe officer: Vice President & Asst Treas. 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Gregory Daniel Murphy other: Member of Investment Committee 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Prashanth Prakash other: Member of Investment Committee 15 RIVER ROAD, WILTON CT 06897
Lamaze Jean-hugues De other: Member of Investment Committee C/O 5100 W. 115TH PLACE, LEAWOOD KS 66211
Maneesh Jhunjhunwala other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Gary Paul Henson other: DIR.; MEMBER OF INV. COMM.^ 5100 W. 115TH PLACE, LEAWOOD KS 66211
Ryan Channell officer: Vice President 5100 W. 115TH PLACE, LEAWOOD KS 66211
Gengler Courtney officer: Vice President 5200 W. 115TH PLACE, LEAWOOD KS 66211