American Funds The New Economy Fund Class R-2E
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+ FollowMarket Cap$48.15B
Close$
$32.82
58.2% downside
Current Fair Value
58.2% downsideOvervalued by 58.2% based on the discounted cash flow analysis.
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Share Statistics
| Market cap | $48.15 Billion |
|---|---|
| Enterprise Value | $47.91 Billion |
| Annual dividend | $7.21 |
| Dividend yield | 8.82% |
| Earnings per Share | $1.4 |
| Beta | 1.28 |
| Outstanding Shares | - |
Return
| Return on Equity | 13.18% |
|---|---|
| Return on Assets | 8.56% |
| Return on Invested Capital | 14.19% |
Valuation & Multiples
| P/E Ratio | 58.42 |
|---|---|
| PEG | 105.79 |
| Price to Sales | - |
| Price to Book Ratio | - |
| Enterprise Value to Revenue | 19.97 |
| Enterprise Value to EBIT | 160.49 |
| Enterprise Value to Net Income | 206 |
| Total Debt to Enterprise | 0 |
| Debt to Equity | 0.02 |
Revenue Sources
No data
Institutional Sentiment (Put/Call)
No data available for the latest quarter.
Institutional Ownership
No data available for the latest quarter.
About American Funds New Economy A
14 employees
CEO: David O. Nicholas
This fund primarily invests in the common stocks of companies that its investment adviser believes possess strong potential for future growth. The investment strategy focuses on businesses positioned to thrive through pioneering innovati...