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BNY Mellon Municipalome, (BNY Mellon Municipalome,) Cyclically Adjusted Price-to-FCF : 7.81 (As of Apr. 30, 2024)


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What is BNY Mellon Municipalome, Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), BNY Mellon Municipalome,'s current share price is $6.64. BNY Mellon Municipalome,'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 was $0.85. BNY Mellon Municipalome,'s Cyclically Adjusted Price-to-FCF for today is 7.81.

The historical rank and industry rank for BNY Mellon Municipalome,'s Cyclically Adjusted Price-to-FCF or its related term are showing as below:

DMF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.38   Med: 11.15   Max: 14
Current: 7.8

During the past 13 years, BNY Mellon Municipalome,'s highest Cyclically Adjusted Price-to-FCF was 14.00. The lowest was 6.38. And the median was 11.15.

DMF's Cyclically Adjusted Price-to-FCF is ranked better than
75.29% of 510 companies
in the Asset Management industry
Industry Median: 20.185 vs DMF: 7.80

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.

BNY Mellon Municipalome,'s adjusted free cash flow per share data of for the fiscal year that ended in Sep23 was $0.633. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.85 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


BNY Mellon Municipalome, Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BNY Mellon Municipalome,'s Cyclically Adjusted Price-to-FCF 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.

BNY Mellon Municipalome, Cyclically Adjusted Price-to-FCF Chart

BNY Mellon Municipalome, Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.03 12.25 13.09 7.46 6.66

BNY Mellon Municipalome, Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Cyclically Adjusted Price-to-FCF 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 13.09 - 7.46 - 6.66

Competitive Comparison of BNY Mellon Municipalome,'s Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, BNY Mellon Municipalome,'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.


BNY Mellon Municipalome,'s Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BNY Mellon Municipalome,'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where BNY Mellon Municipalome,'s Cyclically Adjusted Price-to-FCF falls into.



BNY Mellon Municipalome, Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

BNY Mellon Municipalome,'s Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.64/0.85
=7.81

* 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.

BNY Mellon Municipalome,'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 is calculated as:

For example, BNY Mellon Municipalome,'s adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=0.633/129.8595*129.8595
=0.633

Current CPI (Sep23) = 129.8595.

BNY Mellon Municipalome, Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 1.010 100.428 1.306
201509 0.593 100.392 0.767
201609 0.542 101.861 0.691
201709 0.554 104.136 0.691
201809 1.349 106.507 1.645
201909 0.509 108.329 0.610
202009 0.502 109.815 0.594
202109 0.587 115.734 0.659
202209 0.886 125.227 0.919
202309 0.633 129.860 0.633

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


BNY Mellon Municipalome,  (AMEX:DMF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


BNY Mellon Municipalome, Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of BNY Mellon Municipalome,'s Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


BNY Mellon Municipalome, (BNY Mellon Municipalome,) Business Description

Traded in Other Exchanges
N/A
Address
c/o BNY Mellon Investment Adviser, Inc., 240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon Municipal Income, Inc. is a non-diversified closed-end management investment company. Its investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. The fund invests in municipal obligations that are rated investment grade and have maturities of less than one year. The company targets to invest in the sector such as education, pre-refunded muni, utility, transportation, healthcare, special tax, state/territory general obligations, industry revenue, and pollution control.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Bushra Mannan other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Irene Papadoulis other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Ping Jiang other: Dir. of Invest. Oversight (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Joseph Martella officer: VP C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10288
Daniel Goldstein officer: VP 240 GREENWICH STREET, NEW YORK NY 10286
Insight North America Llc other: Sub-Adviser 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166-0005
Robert J. Pomeroy officer: VP; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Tamara Belinfanti other: Advisory Board Member C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
John Squillace other: CCO; Investment Adviser 240 GREENWICH STREET, NEW YORK NY 10286
Gregory Pasquale other: CFO; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Kenneth J. Bradle other: Director of Advisor 240 GREENWICH STREET, NEW YORK NY 10286
Amanda Quinn officer: VP and Asst Secretary C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286

BNY Mellon Municipalome, (BNY Mellon Municipalome,) Headlines

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