Pioneer High Valuation
| PHT Etf | USD 7.68 0.03 0.39% |
At this time, the etf appears to be fairly valued. Pioneer High Income holds a recent Real Value of $7.7 per share. The prevailing price of the etf is $7.68. Our model determines the value of Pioneer High Income from analyzing the etf fundamentals such as Operating Margin of 0.91 %, shares outstanding of 29.34 M, and Return On Equity of -0.0732 as well as examining its technical indicators and probability of bankruptcy.
Price Book 0.9089 | Enterprise Value 333 M | Price Sales 15.9353 | Trailing PE 5.2603 | Enterprise Value Revenue 7.7099 |
Fairly Valued
Today
Please note that Pioneer High's price fluctuation is very steady at this time. Calculation of the real value of Pioneer High Income is based on 3 months time horizon. Increasing Pioneer High's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Pioneer High's intrinsic value may or may not be the same as its current market price of 7.68, 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 7.68 | Real 7.7 | Hype 7.68 | Naive 7.7 |
The intrinsic value of Pioneer High'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 Pioneer High'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 Pioneer High Income 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 High more accurately as focusing exclusively on Pioneer High's fundamentals will not take into account other important factors: Pioneer High Total Value Analysis
Pioneer High Income is at this time forecasted to have company total value of 333.03 M with market capitalization of 225.34 M, debt of 108.5 M, and cash on hands of 18.69 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 High fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
333.03 M | 225.34 M | 108.5 M | 18.69 K |
Pioneer High Investor Information
The fund maintains all of the assets in different exotic instruments. Pioneer High Income is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April.Pioneer High Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Pioneer High has an asset utilization ratio of 8.5 percent. This implies that the ETF is making $0.085 for each dollar of assets. An increasing asset utilization means that Pioneer High Income is more efficient with each dollar of assets it utilizes for everyday operations.Pioneer High Ownership Allocation
Pioneer High owns a total of 29.34 Million outstanding shares. 30% of Pioneer High Income 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 note that no matter how many assets the company maintains, if the real value of the etf is less than the current market value, you may not be able to make money on it.Pioneer High Profitability Analysis
The company reported the last year's revenue of 29.97 M. Total Income to common stockholders was 36.39 M with profit before taxes, overhead, and interest of 14.14 M.Pioneer High Past Distributions to stockholders
About Pioneer High Valuation
The etf valuation mechanism determines Pioneer High's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Pioneer High Income based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Pioneer High. We calculate exposure to Pioneer High's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Pioneer High's related companies.Pioneer High Income Fund, Inc. is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. Pioneer High is traded on New York Stock Exchange in the United States.
A single share of Pioneer High 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 High Dividends Analysis For Valuation
There are various types of dividends Pioneer High 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 High Income 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 High by the value of the dividends paid out.
Pioneer High Growth Indicators
Investing in growth stocks can be very risky. If the company such as Pioneer High 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 | 29.3 M | |
| Quarterly Earnings Growth Y O Y | 0.569 |
Other Information on Investing in Pioneer Etf
Pioneer High 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 High security.