# Western Asset Emerging Markets Debt Fund Inc (EMD) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Capital Markets. Price $10.40, market value $604 million.

## Valuation
- **P/E (trailing): 6.6×** (5-yr avg 6.4×, 3-yr avg 6.4×). Western Asset Emerging Markets Debt Fund Inc trades at 6.6× trailing earnings, close to its own five-year average of 6.4×. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 5.9×**. Each dollar of revenue is priced at 5.9×.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 4.3%** (5-yr avg 21.6%). Free cash flow equals 4.3% of the market value, below its five-year average of 21.6%, so the shares are pricier on cash than usual.
- **Earnings yield: 15.2%**. The inverse of the P/E: 15.2% of the price is earned each year.

## Profitability
- **Net margin: 98.7%**. 98.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 15.5%**. 15.5% on shareholders' equity is solid.
- **Return on assets: 11.3%**. Each dollar of assets produces 11.3% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 63.4%**. Revenue grew 63.4% over the last year.
- **EPS growth (1 yr): 64.2%**. Earnings per share rose 64.2%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): -46.5%/yr**. Free cash flow has compounded at -46.5% a year over three years.

## Financial health
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.
- **Cash and short-term investments: $39,708**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 10.96%** ($1.14 per share, trailing). Western Asset Emerging Markets Debt Fund Inc yields 10.96%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 64%** (246% of free cash flow). 64% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): -1.1%/yr** (1-yr 8.6%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): 11.5%** (YTD 4.1%, 3-mo 2.2%). The shares are up 11.5% over twelve months including dividends.
- **From 52-week high: -8.0%** (8.3% above the low). Trading 8% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 42**. An RSI of 42 is neutral.
- **Beta (1 yr): 0.50** (volatility 13%). Beta of 0.50 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=EMD · Page: https://foliofundamentals.com/stocks/emd

Not investment advice.