Intrinsiqq
PIMCO High Income Fund logoPIMCO High Income FundPHK
$4.08+0.25%
PIMCO High Income Fund logo

PIMCO High Income Fund

PHK

$4.08

+$0.01 (+0.25%)

⊜ Compare
ProfitabilityN/AGrowthDecliningCash FlowCash burnValuationAttractively priced
What's changing

Revenue declined 18.2% YoY. The question is whether this is cyclical or a structural shift.

What deserves caution

Free cash flow declined 403% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -$207M. The business is consuming cash, not generating it.

Valuation context

8.0x earnings. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.

Price History

-15.5%

Valuation & Multiples

Based on TTM earnings · Diluted shares

Market Cap$681M
EPS$0.51
P/E8.04
P/FCF-3.29
EV/EBITDA—
FCF Yield—
Div. Yield14.12%
Net Debt/FCF-1.6x
52-Week Range
$4.02$4.97

Profitability & Returns

Revenue (TTM)

$85M

▼ -18.2% YoY

Net Income (TTM)

$85M

▼ -18.2% YoY

Op. Margin

—

ROIC

—

Cash Flow & Balance Sheet

FCF (TTM)

-$207M

▼ -403.0% YoY

Op. Cash Flow (TTM)

-$207M

▼ -403.0% YoY

Net Debt

$323M

Cash & Equiv.

$2M

3Y CAGR: +18.3%

Continue Research

Is PIMCO High Income Fund (PHK) overvalued?

At a P/E of 8.0, PIMCO High Income Fund (PHK)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.

On quality, PIMCO High Income Fund scores 25/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 14.1%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.

Frequently asked

Is PIMCO High Income Fund a high-quality business?+

PIMCO High Income Fund scores 25 out of 100 on Intrinsiqq's quality score, a weighted blend of 5 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.

Does PIMCO High Income Fund (PHK) pay a dividend, and how much?+

Yes, PIMCO High Income Fund pays a regular dividend of about $0.58 per share per year (typically in quarterly installments), a yield of roughly 14.1% at the current price. That is a payout ratio of about 113.5% of earnings, so the dividend is stretched at this level. PIMCO High Income Fund has grown the dividend at roughly 35.3% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For PHK's full payout history, growth streak and dividend-safety score, see the dividends tab.

Is PIMCO High Income Fund a good stock to buy right now?+

That depends on valuation and quality together, not either alone. you should weigh PHK's valuation and scores 25/100 on quality (lower-quality). It also yields about 14.1%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.

Related stocks: Asset Management

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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.