Western Asset Valuation
| HIX Fund | USD 4.41 0.02 0.46% |
At this time, the fund appears to be fairly valued. Western Asset High maintains a prevalent Real Value of $4.39 per share. The last-minute price of the fund is $4.41. We determine the value of Western Asset High from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will grow together.
Fairly Valued
Today
Please note that Western Asset's price fluctuation is not too volatile at this time. At this time, the fund appears to be fairly valued. Western Asset High maintains a prevalent Real Value of $4.39 per share. The last-minute price of the fund is $4.41. We determine the value of Western Asset High from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will grow together.
Since Western Asset is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Western Fund. However, Western Asset's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 4.41 | Real 4.39 | Hype 4.41 | Naive 4.39 |
The intrinsic value of Western Asset's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Western Asset's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Western Asset High helps investors to forecast how Western fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Western Asset more accurately as focusing exclusively on Western Asset's fundamentals will not take into account other important factors: Western Asset Total Value Analysis
Western Asset High is currently forecasted to have company total value of 439.31 M with market capitalization of 329.39 M, debt of 179.37 M, and cash on hands of 2.87 M. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Western Asset fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
439.31 M | 329.39 M | 179.37 M | 2.87 M |
Western Asset Investor Information
The fund last dividend was 0.59 per share. Based on the key indicators related to Western Asset's liquidity, profitability, solvency, and operating efficiency, Western Asset High is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December.Western Asset Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Western Asset has an asset utilization ratio of 5.31 percent. This suggests that the Fund is making $0.0531 for each dollar of assets. An increasing asset utilization means that Western Asset High is more efficient with each dollar of assets it utilizes for everyday operations.Western Asset Ownership Allocation
Western Asset High retains a total of 58.81 Million outstanding shares. Roughly 83.41 (%) of Western Asset outstanding shares are held by general public with 16.59 percent by institutional investors. Please note that no matter how many assets the company shows, if the real value of the fund is less than the current market value, you may not be able to make money on it.Western Asset Profitability Analysis
The company reported the last year's revenue of 38.54 M. Reported Net Loss for the year was (41.12 M) with profit before taxes, overhead, and interest of 38.54 M.Western Asset Past Distributions to stockholders
About Western Asset Valuation
Our relative valuation model uses a comparative analysis of Western Asset. We calculate exposure to Western Asset's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Western Asset's related companies.Western Asset High Income Fund II Inc. is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe. The fund invests in securities of companies that operate across diversified sectors. It invests in high yield debt securities issued by U.S., foreign corporations and foreign governments. The fund employs a combination of quantitative and fundamental analysis with bottom-up security selection process to create its portfolio. It benchmarks the performance of its portfolio against Barclays Capital U.S. Corporate High Yield 2 percent Issuer Cap Index and the JPMorgan Emerging Markets Bond Index Global. Western Asset High Income Fund II, Inc. was formed on May 28, 1998 and is domiciled in the United States.
A single share of Western Asset represents a small ownership stake in the entity. As a stockholder of Western, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Western Asset Dividends Analysis For Valuation
There are various types of dividends Western Asset can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Western shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Western Asset High directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Western pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Western Asset by the value of the dividends paid out.
Other Information on Investing in Western Fund
Western Asset financial ratios help investors to determine whether Western Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Western with respect to the benefits of owning Western Asset security.
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