Pioneer Floating Valuation
| PHD Etf | USD 9.78 0.02 0.20% |
At this time, the etf appears to be fairly valued. Pioneer Floating Rate holds a recent Real Value of $9.76 per share. The prevailing price of the etf is $9.78. Our model determines the value of Pioneer Floating Rate from analyzing the etf fundamentals such as Operating Margin of 0.89 %, return on equity of 0.17, and Shares Outstanding of 12.37 M as well as examining its technical indicators and probability of bankruptcy.
Price Book 0.9442 | Enterprise Value 181 M | Price Sales 6.1868 | Trailing PE 5.7218 | Enterprise Value Revenue 8.3123 |
Fairly Valued
Today
Please note that Pioneer Floating's price fluctuation is very steady at this time. Calculation of the real value of Pioneer Floating Rate is based on 3 months time horizon. Increasing Pioneer Floating's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Pioneer etf is determined by what a typical buyer is willing to pay for full or partial control of Pioneer Floating Rate. Since Pioneer Floating is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Pioneer Etf. However, Pioneer Floating'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 9.78 | Real 9.76 | Hype 9.78 | Naive 9.81 |
The real value of Pioneer Etf, also known as its intrinsic value, is the underlying worth of Pioneer Floating Rate ETF, which is reflected in its stock price. It is based on Pioneer Floating's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Pioneer Floating'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, or news.
Estimating the potential upside or downside of Pioneer Floating Rate helps investors to forecast how Pioneer etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Pioneer Floating more accurately as focusing exclusively on Pioneer Floating's fundamentals will not take into account other important factors: Pioneer Floating Total Value Analysis
Pioneer Floating Rate is at this time forecasted to have company total value of 180.98 M with market capitalization of 121.08 M, debt of 61.2 M, and cash on hands of 40.96 K. 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 Pioneer Floating fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
180.98 M | 121.08 M | 61.2 M | 40.96 K |
Pioneer Floating Investor Information
The fund maintains all of the assets in different exotic instruments. Pioneer Floating Rate last dividend was 1.113 per share. Based on the key indicators obtained from Pioneer Floating's historical financial statements, Pioneer Floating Rate is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December.Pioneer Floating Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Pioneer Floating has an asset utilization ratio of 8.51 percent. This indicates that the ETF is making $0.0851 for each dollar of assets. An increasing asset utilization means that Pioneer Floating Rate is more efficient with each dollar of assets it utilizes for everyday operations.Pioneer Floating Ownership Allocation
The market capitalization of Pioneer Floating Rate is $121.08 Million. 30% of Pioneer Floating Rate outstanding shares are owned by third-party entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the etf is less than the current market value, you may not be able generate positive returns on investment in the long run.Pioneer Floating Profitability Analysis
The company reported the last year's revenue of 16.21 M. Total Income to common stockholders was 15.76 M with profit before taxes, overhead, and interest of 13.48 M.Pioneer Floating Past Distributions to stockholders
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Pioneer Floating's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Pioneer Floating and how it compares across the competition.
About Pioneer Floating Valuation
The etf valuation mechanism determines Pioneer Floating's current worth on a weekly basis. Our valuation model uses a comparative analysis of Pioneer Floating. We calculate exposure to Pioneer Floating's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Pioneer Floating's related companies.Pioneer Floating Rate Fund, Inc. is closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. Pioneer Floating is traded on New York Stock Exchange in the United States.
A single share of Pioneer Floating represents a small ownership stake in the entity. As a stockholder of Pioneer, 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.
Pioneer Floating Dividends Analysis For Valuation
There are various types of dividends Pioneer Floating 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 Pioneer 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 Pioneer Floating Rate directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Pioneer pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Pioneer Floating by the value of the dividends paid out.
Pioneer Floating Growth Indicators
Investing in growth stocks can be very risky. If the company such as Pioneer Floating does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 12.4 M | |
| Quarterly Earnings Growth Y O Y | 1.104 |
Other Information on Investing in Pioneer Etf
Pioneer Floating financial ratios help investors to determine whether Pioneer Etf 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 Pioneer with respect to the benefits of owning Pioneer Floating security.