(STEW) SRH Total Return Fund - Overview
Stock: Equity, Fixed-Income, Dividend, Value, Global
Dividends
| Dividend Yield | 3.98% |
| Yield on Cost 5y | 7.30% |
| Yield CAGR 5y | 12.78% |
| Payout Consistency | 85.2% |
| Payout Ratio | 18.3% |
| Risk 5d forecast | |
|---|---|
| Volatility | 12.6% |
| Relative Tail Risk | 2.50% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.64 |
| Alpha | 3.74 |
| Character TTM | |
|---|---|
| Beta | 0.632 |
| Beta Downside | 0.654 |
| Drawdowns 3y | |
|---|---|
| Max DD | 11.30% |
| CAGR/Max DD | 1.52 |
Description: STEW SRH Total Return Fund January 16, 2026
SRH Total Return Fund, Inc. (NYSE: STEW) is a U.S.-domiciled closed-ended balanced fund managed by Paralel Advisors with Rocky Mountain Advisers as sub-adviser. It pursues a global, bottom-up strategy that blends fundamental and quantitative analysis to allocate capital between dividend-paying value equities of all market caps and corporate fixed-income securities, using defensible business models and strong balance sheets as primary screens. The fund’s performance is measured against the S&P 500 Composite Index.
Key fund metrics (as of the most recent filing) include an expense ratio of roughly 0.95%, a distribution yield near 5.2%, and total assets under management of about $1.2 billion. In 2023 the fund posted a total return of approximately -2%, underperforming the S&P 500’s +12% gain, reflecting the headwinds from rising rates on its fixed-income holdings. The equity side maintains an average dividend payout ratio of 55% and a median forward P/E of 12×, indicating a focus on undervalued, cash-generating stocks.
Primary economic drivers for STEW are the trajectory of U.S. and global interest rates, which affect both the cost of borrowing for corporate issuers and the relative attractiveness of dividend yields, and the health of corporate earnings, especially in sectors with stable cash flows such as consumer staples and utilities. A secondary driver is the broader asset-management industry trend toward fee compression, which can pressure net returns for funds that rely on active selection.
For a deeper, data-rich view of STEW’s valuation and risk profile, you might explore the fund’s analytics on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 710.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 1.15 > 1.0 |
| NWC/Revenue: 0.59% < 20% (prev -2.91%; Δ 3.50% < -1%) |
| CFO/TA 0.02 > 3% & CFO 41.1m > Net Income 710.4m |
| Net Debt (223.6m) to EBITDA (729.8m): 0.31 < 3 |
| Current Ratio: 2.91 > 1.5 & < 3 |
| Outstanding Shares: last quarter (96.4m) vs 12m ago -0.92% < -2% |
| Gross Margin: 71.98% > 18% (prev 0.78%; Δ 7119 % > 0.5%) |
| Asset Turnover: 7.21% > 50% (prev 2.29%; Δ 4.91% > 0%) |
| Interest Coverage Ratio: 239.9 > 6 (EBITDA TTM 729.8m / Interest Expense TTM 3.07m) |
Altman Z'' 10.00
| A: 0.00 (Total Current Assets 1.30m - Total Current Liabilities 448.8k) / Total Assets 2.31b |
| B: 0.68 (Retained Earnings 1.56b / Total Assets 2.31b) |
| C: 0.37 (EBIT TTM 736.0m / Avg Total Assets 2.01b) |
| D: 6.78 (Book Value of Equity 1.56b / Total Liabilities 230.7m) |
| Altman-Z'' Score: 11.79 = AAA |
What is the price of STEW shares?
Over the past week, the price has changed by +3.72%, over one month by +0.19%, over three months by +5.72% and over the past year by +13.84%.
Is STEW a buy, sell or hold?
What are the forecasts/targets for the STEW price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 21.8 | 18.6% |
STEW Fundamental Data Overview February 07, 2026
P/S = 50.898
P/B = 0.8474
Revenue TTM = 145.0m USD
EBIT TTM = 736.0m USD
EBITDA TTM = 729.8m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 223.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 223.6m USD (from netDebt column, last quarter)
Enterprise Value = 1.89b USD (1.75b + Debt 223.6m - CCE 79.6m)
Interest Coverage Ratio = 239.9 (Ebit TTM 736.0m / Interest Expense TTM 3.07m)
EV/FCF = 46.02x (Enterprise Value 1.89b / FCF TTM 41.1m)
FCF Yield = 2.17% (FCF TTM 41.1m / Enterprise Value 1.89b)
FCF Margin = 28.37% (FCF TTM 41.1m / Revenue TTM 145.0m)
Net Margin = 490.1% (Net Income TTM 710.4m / Revenue TTM 145.0m)
Gross Margin = 71.98% ((Revenue TTM 145.0m - Cost of Revenue TTM 40.6m) / Revenue TTM)
Gross Margin QoQ = 37.66% (prev 70.27%)
Tobins Q-Ratio = 0.82 (Enterprise Value 1.89b / Total Assets 2.31b)
Interest Expense / Debt = 1.37% (Interest Expense 3.07m / Debt 223.6m)
Taxrate = 21.0% (US default 21%)
NOPAT = 581.4m (EBIT 736.0m * (1 - 21.00%))
Current Ratio = 2.91 (Total Current Assets 1.30m / Total Current Liabilities 448.8k)
Debt / Equity = 0.11 (Debt 223.6m / totalStockholderEquity, last quarter 2.08b)
Debt / EBITDA = 0.31 (Net Debt 223.6m / EBITDA 729.8m)
Debt / FCF = 5.44 (Net Debt 223.6m / FCF TTM 41.1m)
Total Stockholder Equity = 1.91b (last 4 quarters mean from totalStockholderEquity)
RoA = 35.31% (Net Income 710.4m / Total Assets 2.31b)
RoE = 37.14% (Net Income TTM 710.4m / Total Stockholder Equity 1.91b)
RoCE = 31.90% (EBIT 736.0m / Capital Employed (Total Assets 2.31b - Current Liab 448.8k))
RoIC = 27.22% (NOPAT 581.4m / Invested Capital 2.14b)
WACC = 7.43% (E(1.75b)/V(1.97b) * Re(8.24%) + D(223.6m)/V(1.97b) * Rd(1.37%) * (1-Tc(0.21)))
Discount Rate = 8.24% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -81.65 | Cagr: -0.35%
[DCF Debug] Terminal Value 83.14% ; FCFF base≈29.0m ; Y1≈35.8m ; Y5≈60.9m
Fair Price DCF = 9.74 (EV 1.16b - Net Debt 223.6m = Equity 939.8m / Shares 96.4m; r=7.43% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -100.0 | EPS CAGR: -100.00% | SUE: N/A | # QB: 0
Revenue Correlation: -72.42 | Revenue CAGR: -54.74% | SUE: N/A | # QB: 0