# First Trust High Yield Opportunities 2027 Term Fund (FTHY) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services. Price $13.25, market value $487 million.

## Valuation
- **P/E (trailing): 19.2×** (5-yr avg 8.9×, 3-yr avg 8.9×). First Trust High Yield Opportunities 2027 Term Fund trades at 19.2× trailing earnings, well above its own five-year average of 8.9×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 18.7×**. Each dollar of revenue is priced at 18.7×, a level that requires very high margins or very fast growth to justify.
- **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: 15.0%** (5-yr avg 23.5%). Free cash flow equals 15.0% of the market value, below its five-year average of 23.5%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 5.2%**. The inverse of the P/E: 5.2% of the price is earned each year.

## Profitability
- **Net margin: 97.1%**. 97.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 4.8%**. 4.8% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 3.8%**. Each dollar of assets produces 3.8% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -43.5%**. Revenue fell 43.5% over the last year.
- **Free-cash-flow growth (3 yr): -29.9%/yr**. Free cash flow has compounded at -29.9% a year over three years.

## Financial health
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 11.32%** ($1.50 per share, trailing). First Trust High Yield Opportunities 2027 Term Fund yields 11.32%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 218%** (76% of free cash flow). The dividend exceeds earnings (218% payout), though free cash flow still covers it.
- **Dividend growth (5 yr): 20.3%/yr** (1-yr -3.2%). The dividend has compounded at 20.3% a year over five years, doubling roughly every 4 years at that pace.

## Price and momentum
- **Total return (1 yr): -0.5%** (YTD 0.3%, 3-mo 0.9%). The shares are down 0.5% over twelve months including dividends.
- **From 52-week high: -10.7%** (1.1% above the low). Trading 11% 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): 33**. An RSI of 33 is neutral.
- **Beta (1 yr): 0.30** (volatility 7%). Beta of 0.30 against the S&P 500: the shares move much less than the market.

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

Not investment advice.