As of 2026-04-06, the Relative Valuation of First Trust New Opportunities MLP & Energy Fund (FPL) is 15.05 USD. This relative valuation is based on P/E multiples. With the latest stock price at 7.76 USD, the upside of First Trust New Opportunities MLP & Energy Fund based on Relative Valuation is 93.9%.
The range of the Relative Valuation is 6.08 - 20.34 USD.
| Range | Selected | |
| Trailing P/E multiples | 32.7x - 35.6x | 33.3x |
| Forward P/E multiples | 18.3x - 45.4x | 33.3x |
| Fair Price | 6.08 - 20.34 | 15.05 |
| Upside | -21.7% - 162.1% | 93.9% |
| Date | P/E |