Tortoise Energy Independence Fund, Inc.

Tortoise Energy Independence Fund, Inc.verified

NDP

Price:

$40.395

Market Cap:

$67.30M

Tortoise Energy Independence Fund, Inc. is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. The fund invests in the public equity markets of the North American. It seeks to invest primarily in the energy sector. The fund employs a fundamental analysis with a bottom up stock picking approach with focus on factors like quantitative, qualitative, and relative value factors to create its portfolio. Tortoise Energy Independence Fund, Inc. was formed on July 26, 2005 2012 is domiciled in the United States.[Read more]

Industry

Asset Management

IPO Date

2012-07-27

Stock Exchange

NYSE

Ticker

NDP

The Enterprise Value as of December 2024 (TTM) for Tortoise Energy Independence Fund, Inc. (NDP) is 77.82M

According to Tortoise Energy Independence Fund, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 77.82M. This represents a change of 27.84% compared to the average of 60.87M of the last 4 quarters.

Tortoise Energy Independence Fund, Inc. (NDP) Historical Enterprise Value (quarterly & annually)

How has NDP Enterprise Value performed in the past?

The mean historical Enterprise Value of Tortoise Energy Independence Fund, Inc. over the last ten years is 100.91M. The current 77.82M Enterprise Value has changed 7.61% with respect to the historical average. Over the past ten years (40 quarters), NDP's Enterprise Value was at its highest in in the May 2024 quarter at 67.13M. The Enterprise Value was at its lowest in in the November 2021 quarter at 2.70M.

Quarterly (TTM)
Annual

Average

100.91M

Median

63.51M

Minimum

28.31M

Maximum

244.29M

Tortoise Energy Independence Fund, Inc. (NDP) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Tortoise Energy Independence Fund, Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 54.53%

Maximum Annual Enterprise Value = 244.29M

Minimum Annual Increase = -64.64%

Minimum Annual Enterprise Value = 28.31M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
202357.03M-10.20%
202263.51M45.14%
202143.75M54.53%
202028.31M-64.64%
201980.07M-57.72%
2018189.37M-22.48%

Tortoise Energy Independence Fund, Inc. (NDP) Average Enterprise Value

How has NDP Enterprise Value performed in the past?

The current Enterprise Value of Tortoise Energy Independence Fund, Inc. (NDP) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

54.76M

5-year avg

54.54M

10-year avg

100.91M

Tortoise Energy Independence Fund, Inc. (NDP) Enterprise Value vs. Peers

How is NDP’s Enterprise Value compared to its peers?

Tortoise Energy Independence Fund, Inc.’s Enterprise Value is less than Tortoise Midstream Energy Fund, Inc. (328.79M), greater than Flow Capital Corp. (55.10M), greater than Blackhawk Growth Corp. (2.40M), greater than Mount Logan Capital Inc. (16.99M), greater than Invesco High Income 2024 Target Term Fund (22.93M), less than Nuveen Corporate Income 2023 Target Term Fund (99.10M), less than Virtus Convertible & Income 2024 Target Term Fund (179.18M), less than MFS Investment Grade Municipal Trust (108.31M), less than Eaton Vance National Municipal Opportunities Trust (299.76M), less than Abrdn Japan Equity Fund Inc (88.29M), less than abrdn Global Income Fund, Inc. (100.62M), greater than The European Equity Fund, Inc. (56.31M), less than The New Germany Fund, Inc. (130.67M), less than LMP Capital and Income Fund Inc. (358.00M), less than Tekla Life Sciences Investors (371.97M), less than Calamos Long/Short Equity & Dynamic Income Term Trust (419.39M), less than Nuveen Select Maturities Municipal Fund (108.63M), less than Invesco High Income 2023 Target Term Fund (246.51M), less than AllianceBernstein National Municipal Income Fund, Inc. (544.47M), less than Pioneer Diversified High Income Fund, Inc. (139.35M), less than Neuberger Berman High Yield Strategies Fund Inc. (294.57M),

Build a custom stock screener for Tortoise Energy Independence Fund, Inc. (NDP) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Tortoise Energy Independence Fund, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Tortoise Energy Independence Fund, Inc. (NDP) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Tortoise Energy Independence Fund, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Enterprise Value?

How can you use the Enterprise Value?

What is Tortoise Energy Independence Fund, Inc.'s Enterprise Value?

What is the highest Enterprise Value for Tortoise Energy Independence Fund, Inc. (NDP)?

What is the 3-year average Enterprise Value for Tortoise Energy Independence Fund, Inc. (NDP)?

What is the 5-year average Enterprise Value for Tortoise Energy Independence Fund, Inc. (NDP)?

How does the current Enterprise Value for Tortoise Energy Independence Fund, Inc. (NDP) compare to its historical average?