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Tortoise Essential Assetsome Term (Tortoise Essential Assetsome Term) Price-to-Free-Cash-Flow : 7.88 (As of May. 15, 2024)


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What is Tortoise Essential Assetsome Term Price-to-Free-Cash-Flow?

As of today (2024-05-15), Tortoise Essential Assetsome Term's share price is $11.80. Tortoise Essential Assetsome Term's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $1.50. Hence, Tortoise Essential Assetsome Term's Price-to-Free-Cash-Flow Ratio for today is 7.88.

The historical rank and industry rank for Tortoise Essential Assetsome Term's Price-to-Free-Cash-Flow or its related term are showing as below:

TEAF' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 7.43   Med: 12.02   Max: 19.56
Current: 7.89

During the past 5 years, Tortoise Essential Assetsome Term's highest Price-to-Free-Cash-Flow Ratio was 19.56. The lowest was 7.43. And the median was 12.02.

TEAF's Price-to-Free-Cash-Flow is ranked better than
69.76% of 1012 companies
in the Asset Management industry
Industry Median: 12.79 vs TEAF: 7.89

Tortoise Essential Assetsome Term's Free Cash Flow per Share for the six months ended in Nov. 2023 was $0.95. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $1.50.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Tortoise Essential Assetsome Term was 115.20% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 9.40% per year.

During the past 5 years, Tortoise Essential Assetsome Term's highest 3-Year average Free Cash Flow per Share Growth Rate was 9.40% per year. The lowest was 9.40% per year. And the median was 9.40% per year.


Tortoise Essential Assetsome Term Price-to-Free-Cash-Flow Historical Data

The historical data trend for Tortoise Essential Assetsome Term'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.

Tortoise Essential Assetsome Term Price-to-Free-Cash-Flow Chart

Tortoise Essential Assetsome Term Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Nov23
Price-to-Free-Cash-Flow
- 11.29 10.69 19.70 7.94

Tortoise Essential Assetsome Term Semi-Annual Data
May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.69 - 19.70 - 7.94

Competitive Comparison of Tortoise Essential Assetsome Term's Price-to-Free-Cash-Flow

For the Asset Management subindustry, Tortoise Essential Assetsome Term'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.


Tortoise Essential Assetsome Term's Price-to-Free-Cash-Flow Distribution in the Asset Management Industry

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

* The bar in red indicates where Tortoise Essential Assetsome Term's Price-to-Free-Cash-Flow falls into.



Tortoise Essential Assetsome Term Price-to-Free-Cash-Flow Calculation

Tortoise Essential Assetsome Term'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)
=11.80/1.497
=7.88

Tortoise Essential Assetsome Term's Share Price of today is $11.80.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tortoise Essential Assetsome Term's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Nov. 2023 was $1.50.

* 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

Tortoise Essential Assetsome Term  (NYSE:TEAF) 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.


Tortoise Essential Assetsome Term Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Tortoise Essential Assetsome Term's Price-to-Free-Cash-Flow 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