GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Income and Growth Investment Trust PLC (LSE:BRIG) » Definitions » Cyclically Adjusted FCF per Share

BlackRockome and Growth Investment Trust (LSE:BRIG) Cyclically Adjusted FCF per Share : £0.12 (As of Oct. 2023)


View and export this data going back to 2001. Start your Free Trial

What is BlackRockome and Growth Investment Trust Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

BlackRockome and Growth Investment Trust's adjusted free cash flow per share data for the fiscal year that ended in Oct. 2023 was £0.059. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is £0.12 for the trailing ten years ended in Oct. 2023.

During the past 12 months, BlackRockome and Growth Investment Trust's average Cyclically Adjusted FCF Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 12.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of BlackRockome and Growth Investment Trust was 20.50% per year. The lowest was 7.70% per year. And the median was 13.20% per year.

As of today (2024-06-09), BlackRockome and Growth Investment Trust's current stock price is £ 2.03. BlackRockome and Growth Investment Trust's Cyclically Adjusted FCF per Share for the fiscal year that ended in Oct. 2023 was £0.12. BlackRockome and Growth Investment Trust's Cyclically Adjusted Price-to-FCF of today is 16.92.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BlackRockome and Growth Investment Trust was 48.00. The lowest was 14.67. And the median was 29.15.


BlackRockome and Growth Investment Trust Cyclically Adjusted FCF per Share Historical Data

The historical data trend for BlackRockome and Growth Investment Trust's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BlackRockome and Growth Investment Trust Cyclically Adjusted FCF per Share Chart

BlackRockome and Growth Investment Trust Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.08 0.09 0.11 0.12

BlackRockome and Growth Investment Trust Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 - 0.11 - 0.12

Competitive Comparison of BlackRockome and Growth Investment Trust's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, BlackRockome and Growth Investment Trust's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BlackRockome and Growth Investment Trust's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRockome and Growth Investment Trust's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where BlackRockome and Growth Investment Trust's Cyclically Adjusted Price-to-FCF falls into.



BlackRockome and Growth Investment Trust Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, BlackRockome and Growth Investment Trust's adjusted Free Cash Flow per Share data for the fiscal year that ended in Oct. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=0.059/130.2000*130.2000
=0.059

Current CPI (Oct. 2023) = 130.2000.

BlackRockome and Growth Investment Trust Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201410 0.044 100.100 0.057
201510 -0.001 100.300 -0.001
201610 0.145 101.600 0.186
201710 0.108 104.400 0.135
201810 0.124 106.700 0.151
201910 0.084 108.300 0.101
202010 0.110 109.200 0.131
202110 0.151 113.400 0.173
202210 0.155 124.300 0.162
202310 0.059 130.200 0.059

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


BlackRockome and Growth Investment Trust  (LSE:BRIG) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

BlackRockome and Growth Investment Trust's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.03/0.12
=16.92

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BlackRockome and Growth Investment Trust was 48.00. The lowest was 14.67. And the median was 29.15.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


BlackRockome and Growth Investment Trust Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of BlackRockome and Growth Investment Trust's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRockome and Growth Investment Trust (LSE:BRIG) Business Description

Traded in Other Exchanges
N/A
Address
12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock Income and Growth Investment Trust PLC is a United Kingdom-based asset management firm, whose principal activity is portfolio investment. Its objective is to provide growth in capital and income over the long-term through investment in a diversified portfolio of principally the UK listed equities. BlackRock's investment portfolio consists of companies in the pharmaceutical industry. It also invests across industries such as travel, tobacco, media, financial services, oil and gas, banks, non-life insurance, construction, and support services.

BlackRockome and Growth Investment Trust (LSE:BRIG) Headlines

No Headlines