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

Data as of 2026-11-04. NYSE, United States. Sector: Financial Services / Capital Markets. Price $9.39, market value $546 million.

## Valuation
- **P/E (trailing): 6.0×** (5-yr avg 6.4×, 3-yr avg 6.4×). Western Asset Emerging Markets Debt Fund Inc trades at 6.0× 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: 5.3×**. Each dollar of revenue is priced at 5.3×.
- **Price / book: 0.8×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 4.8%** (5-yr avg 21.6%). Free cash flow equals 4.8% of the market value, below its five-year average of 21.6%, so the shares are pricier on cash than usual.
- **Earnings yield: 16.7%**. The inverse of the P/E: 16.7% 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: 12.14%** ($1.14 per share, trailing). Western Asset Emerging Markets Debt Fund Inc yields 12.14%, 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): -3.7%** (YTD -6.2%, 3-mo -11.0%). The shares are down 3.7% over twelve months including dividends.
- **From 52-week high: -16.9%** (3.8% above the low). Trading 17% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 0.52** (volatility 15%). Beta of 0.52 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.