First Trust Enhanced Equity Income Fund (FFA) Fair Value 2026 — DCF & Multi-Method Analysis | EvidInvest | EvidInvest

FFA — Fair Value Analysis

First Trust Enhanced Equity Income Fund

Current: $23.38Undervalued

Fair Value Range

Bear Case (25th pct.)

$54.37

132.5% vs price

Base Case (Median)

$64.60

176.3% vs price

Bull Case (75th pct.)

$79.57

240.3% vs price

$54.37$64.60$79.57

◇ = Current price | |Bear |Base | Bull

Method Breakdown

Method	Est. Value	vs Price	Weight
DCF (Discounted Cash Flow)	$44.13	88.7%	High (40%)
PE Comparable	$94.54	304.4%	Medium (25%)
Graham Number	$64.60	176.3%	High (80%)

Interpretation

Based on 3 out of 8 methods, FFA appears undervalued at the current price of $23.38. The base case fair value of $64.60 implies 176.3% upside.

Bear/base/bull cases represent the 25th, 50th, and 75th percentile of available method estimates. This is not financial advice. Valuation is inherently uncertain.