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As of today (2024-06-05), First Trust New Opportunities MLP & Energy Fund's share price is $7.76. First Trust New Opportunities MLP & Energy Fund does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.
The historical rank and industry rank for First Trust New Opportunities MLP & Energy Fund's Price-to-Owner-Earnings or its related term are showing as below:
As of today (2024-06-05), First Trust New Opportunities MLP & Energy Fund's share price is $7.76. First Trust New Opportunities MLP & Energy Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2023 was $0.57. Therefore, First Trust New Opportunities MLP & Energy Fund's PE Ratio for today is 13.61.
As of today (2024-06-05), First Trust New Opportunities MLP & Energy Fund's share price is $7.76. First Trust New Opportunities MLP & Energy Fund's EPS without NRI for the trailing twelve months (TTM) ended in was $0.57. Therefore, First Trust New Opportunities MLP & Energy Fund's PE Ratio without NRI for today is 13.61.
During the past 7 years, First Trust New Opportunities MLP & Energy Fund's highest PE Ratio without NRI was 47.54. The lowest was 2.47. And the median was 5.79.
The historical data trend for First Trust New Opportunities MLP & Energy Fund's Price-to-Owner-Earnings 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.
First Trust New Opportunities MLP & Energy Fund Annual Data | ||||||||||||||||
Trend | Oct17 | Oct18 | Oct19 | Oct20 | Oct21 | Oct22 | Oct23 | |||||||||
Price-to-Owner-Earnings | Get a 7-Day Free Trial | - | - | - | - | - |
First Trust New Opportunities MLP & Energy Fund Semi-Annual Data | |||||||||||||
Oct17 | Apr18 | Oct18 | Apr19 | Oct19 | Apr20 | Oct20 | Apr21 | Oct21 | Apr22 | Oct22 | Apr23 | Oct23 | |
Price-to-Owner-Earnings | Get a 7-Day Free Trial | - | - | - | - | - |
For the Asset Management subindustry, First Trust New Opportunities MLP & Energy Fund's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.
For the Asset Management industry and Financial Services sector, First Trust New Opportunities MLP & Energy Fund's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where First Trust New Opportunities MLP & Energy Fund's Price-to-Owner-Earnings falls into.
In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
First Trust New Opportunities MLP & Energy Fund's Price-to-Owner-Earnings for today is calculated as
Price-to-Owner-Earnings | = | Share Price | / | Owner Earnings per Share (TTM) |
= | 7.76 | / | 0.00 | |
= |
* 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.
First Trust New Opportunities MLP & Energy Fund (NYSE:FPL) Price-to-Owner-Earnings Explanation
For how to get Owner Earnings per Share (TTM), please click.
Thank you for viewing the detailed overview of First Trust New Opportunities MLP & Energy Fund's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.
Bronwyn Wright | director | FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
M Keefe Denise | director | C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
Kelly Catherine Dehler | other: Officer - Investment Advisor | C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
Scott Michael Friske | other: Officer - Investment Advisor | FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
James Murchie | other: Officer-Investment Sub-Advisor | ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVENUE, WESTPORT CT 06880 |
John K Tysseland | other: Officer-Investment Sub-Advisor | ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVE., WESTPORT CT 06880 |
Nandita Hogan | other: Officer-Investment Sub-Advisor | ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVENUE, WESTPORT CT 06880 |
Niel B Nielson | director | 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN 37419 |
Eva Pao | other: Officer-Investment Sub-Advisor | ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVENUE, WESTPORT CT 06880 |
Robert F Keith | director | C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
Thomas R Kadlec | director | C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
Richard E Erickson | director | C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
First Trust Portfolios Lp | other: Affiliate-Investment Advisor | 12O EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
James M Dykas | officer: Treasurer | C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
Daniel J Lindquist | officer: Vice President | C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
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